Recent Headlines
TAG Oil Provides Second Quarter Results
TAG Oil achieves 62% increase in production revenue. New infrastructure build on track plus four new wells drilled with excellent results. - November 20, 2012 - TAG Oil Ltd.
Phere Energy Inc. Oil and Gas Announces Spud of West Ranch IX Drummond 3M #2 in Jackson County, TX
Phere Energy Inc., an independent oil & gas exploration & production company based in Richardson, Texas, announced that it has spud the West Ranch IX Drummond 3M #2 on November 13, 2012 in Jackson County, Texas. - November 13, 2012 - Phere Energy Inc.
Stark Oil & Gas Limited Opens New Office in Papua New Guinea (PNG)
Stark Oil and Gas Limited ("Stark") is establishing a new office in Port Moresby, and aim to boost operations out of the capital of Papua New Guinea (PNG) in Oceania. “After these recent massive prospect discoveries, we are pleased to increase our presence on the ground,”... - November 07, 2012 - Stark Oil and Gas
Stark Oil & Gas Limited Files Application for Oil Block in Sudan
Stark Oil and Gas Limited ("Stark") are in the process of obtaining an oil block from the Ministry of Petroleum of The Republic of Sudan. Representatives of Stark have over the last seven years conducted the appropriate due diligence during several of their visits and at meetings with the... - November 02, 2012 - Stark Oil and Gas
TAG Oil Reports 102% Increase in Production Revenue, Strong Balance Sheet, and Provides Operations Update
TAG Oil's 1Q2013 interim financial statements have been filed and indicate increases in production revenue and operating cash flow. For additional information please visit TAG Oil's website athttp://www.tagoil.com/. - August 16, 2012 - TAG Oil Ltd.
TAG Oil Reports 300% Increase in Reserves, 227% Increase in Production Revenue & Strong Year End Financial Results
TAG Oil has filed its March 31, 2012 consolidated, audited financial statements, management discussion and analysis and annual information form with the Canadian Securities Administrators for the Company's 2012 fiscal year-end. - July 07, 2012 - TAG Oil Ltd.
TAG Oil’s Taranaki Basin Operations Continue to Deliver Excellent Results
TAG Oil Ltd. is pleased to provide a Taranaki Basin drilling and operations update. Current daily production is approximately 2,600 to 2,800 BOE per day, split approximately 57% oil to 43% gas. - June 28, 2012 - TAG Oil Ltd.
TAG Acquires Two-Million Exploration Acres in the East Coast Basin and Canterbury Basin, New Zealand
TAG Oil Ltd. has entered into an agreement with Rawson Taranaki Limited and Zeanco (NZ) Ltd. to acquire three New Zealand exploration permits comprising of approximately two-million acres and situated in favourable geological areas offering high-impact exploration opportunities in the East Coast Basin and in the Canterbury Basin. - June 06, 2012 - TAG Oil Ltd.
TOTVS Geared to Contribute to the Pre-Salt Industry in Brazil
TOTVS Consulting Energia director Marcelo Herskovits says his main message at the upcoming Pre-Salt Brazil Congress in Rio de Janeiro in June will be to emphasize the importance of managing the entire lifecycle of an oil & gas asset, through the usage of Integrated Planning and... - June 01, 2012 - Pre-Salt Brazil Congress
Chem-Ecol Helping Companies Consolidate Expenditure by 50% with New Oil Recycling Solutions
Buffalo, NY based oil recovery specialists Chem-Ecol are helping clientele across North America to reduce their annual expenditure by as much as 50% by helping them to purify oil that has become contaminated during industrial processing therefore allowing it to be re-used by the company. This... - May 18, 2012 - Chem-Ecol
Chem-Ecol Helping Companies Reduce Oil Recovery Costs with New On-Site Solution
Buffalo, NY based oil purification specialists Chem-Ecol have announced the introduction of a new on-site oil recovery solution that is set to revolutionize the oil purification field. Now, companies will no longer have to send oil away to be recycled for reuse, helping them to consolidate costs in... - May 18, 2012 - Chem-Ecol
Chem-Ecol’s Oil Reclaiming Systems Restoring ISO Cleanliness Levels
Leading oil purification specialists, Chem-Ecol, have announced they are having great success with their latest cutting edge mobile oil purification system which is helping organizations restore oil to ISO quality cleanliness levels. This level of oil restoration ensures that in-house productivity... - May 18, 2012 - Chem-Ecol
Pre-Salt Brazil Congress Gathers Experts as Oil Industry Prepares to Explore Massive Reserves
As Brazil prepares to explore one of the largest oil discoveries ever, some 250 international oil and gas industry representatives are meeting with the state-run oil governing body Petrobras and other government institutions at the annual Pre-Salt Brazil Congress in Rio de Janeiro in... - April 25, 2012 - Pre-Salt Brazil Congress
Flow Testing Confirms Urenui Oil Discovery and Additional Oil Play at TAG’s Cheal Field
TAG Oil's Cheal-B6, A9 and A10 wells confirm a commercial oil discovery within the Urenui Formation. Based on these results, Urenui will be integrated into TAG's overall development and exploration strategy. - April 04, 2012 - TAG Oil Ltd.
TAG Oil Announces an Additional $66 Million Capital Expenditure in New Zealand Targeting Reserve and Significant Production Growth
TAG Oil is initiating a $66 million capital expenditure program within the 100%-controlled Cheal and Sidewinder fields in the Taranaki Basin, New Zealand. The drilling plan continues to build upon TAG’s highly successful exploration, appraisal and development program at both the Cheal and Sidewinder oil and gas fields. - March 10, 2012 - TAG Oil Ltd.
TAG’s Cheal-B7 Well Flows More Than 1,100 Barrels of Oil Per Day
With the Cheal-B7 well, TAG is currently producing more than 4,000 BOE’s per day with light oil contributing approximately 70% to that daily production figure. - March 07, 2012 - TAG Oil Ltd.
TAG Oil Files Q3 Fiscal 2012 Financials and Reports Significant Increase in Revenue and Cash Flow
TAG Oil Ltd. has filed its December 31, 2011 condensed consolidated unaudited financial statements and management discussion and analysis with the Canadian Securities Administrators for fiscal 3Q2012. - February 17, 2012 - TAG Oil Ltd.
TAG’s Cheal-C1, Cheal-C2 and Cheal-A8 Flow Testing Confirm Significant Oil and Gas Discoveries
TAG Oil Ltd. reports that Cheal-C1, Cheal-C2 and Cheal-A8 wells have been flow tested. Of particular significance is the result from Cheal-C2, which flow tested 14 million cubic feet of gas per day. - December 09, 2011 - TAG Oil Ltd.
TAG Oil’s Cheal-B5 Discovery Well Flow Tests 1,700 Barrels of Light Oil Per Day
TAG Oil Ltd. is pleased to report the most extensive pay interval ever recorded by a Cheal oil well. The Cheal-B5 discovery well is naturally flowing at an average rate of 1,870 barrels of oil equivalent per day. - December 07, 2011 - TAG Oil Ltd.
TRWA Will Have an Exhibitor’s Booth at the Eagle Ford Shale DUG Conference Next Week in San Antonio, Texas
"I am honored that the folks with the Eagle Ford Shale DUG Conference & Hart Energy have asked me to teach a Right of Way Workshop on Monday October 10th, 2011 in San Antonio, Texas,” Mr. Valden said. - October 03, 2011 - TRWA, Inc.
Obama Administration Seeks to Eliminate Special Tax Breaks for Oil and Gas Firms, such as GeoDynamics Inc.
The Obama Administration submitted the American Jobs Act of 2011 to Congress on September 12, 2011. The act contains language that would repeal subsidies, eliminate tax credits claimed for foreign sales and operations, and do away with a variety of manufacturing deductions taken by oil and gas... - October 02, 2011 - GeoDynamics Inc.
TAG Enters Into Farmout Agreement with Apache Corporation on New Zealand Acreage in the East Coast Basin
TAG Oil has entered into a farmout agreement with Apache Corporation to explore and potentially develop oil and natural gas resources in TAG’s New Zealand East Coast Basin exploration permits. - September 02, 2011 - TAG Oil Ltd.
Greenland Minerals and Energy Ltd Acquired the Outstanding 39% of Their Exploration License
GMEL is a mineral exploration and development company which aims at unlocking mineral rich resources in Greenland. - September 02, 2011 - Greenland Minerals and Energy Ltd
FloaTEC President Eric H. Namtvedt to Address Pre-Salt Brazil Congress in Rio de Janeiro in September
The Brazilian pre-salt shows the industry's continued ability to adapt to new challenges and come up with new and innovative solutions to find and extract oil in new areas, says Eric H. Namtvedt, President of FloaTEC, a deepwater floating production systems producer. - September 02, 2011 - Pre-Salt Brazil Congress
Government Approval for Environmental and Social Impact Assessments on the Kvanefield Project
The Greenland Government approves Terms of Reference for environmental and social impact assessments on the Kvanefield project. Environmental and social impact assessments are significant components of an ultimate feasibility study. Bureau of Minerals and Petroleum has laid down the guidelines of... - August 27, 2011 - Greenland Minerals and Energy Ltd
TAG Confirms New Oil and Gas Discoveries in Taranaki Basin Exploration Wells
Strong test results confirm new oil and gas discoveries in the Sidewinder-2 well and the Cheal-C1 well, both located in the Taranaki Basin, New Zealand. The Sidewinder oil and gas discoveries are located in TAG Oil's Petroleum Exploration Permit 38748. The Cheal oil and gas discoveries are located in TAG Oil's Petroleum Mining Permit 38156. - August 16, 2011 - TAG Oil Ltd.
Pre-Salt Brazil Meeting in September to Showcase Opportunities for International Offshore Companies
As Brazil prepares to explore one of the largest oil discoveries ever, international oil and gas operators are meeting with the state-run body Petrobras and other government institutions at the annual Pre-Salt Brazil Congress in Rio de Janeiro in September. - August 05, 2011 - Pre-Salt Brazil Congress
TAG Oil Reports 100% Increase in Production Revenue & Strong Year-End Financial Results
TAG Oil releases year-end March 31, 2011 operating highlights including a 100% increase in production revenue. - August 04, 2011 - TAG Oil Ltd.
TAG Oil’s Sidewinder-2 Discovery Well Flows at 1,467 Barrels of Oil Equivalent Per Day
A 4-Point Isochronal flow test was completed over the main discovery zone in TAG Oil's Sidewinder-2 discovery well, which achieved stabilized flow rates of 8.8 million cubic feet per day (~1467 BOE per day) with less than a 25% drawdown. - June 24, 2011 - TAG Oil Ltd.
Strong Flow Test Results for TAG Oil’s Sidewinder-4 Well, Sidewinder-2 Flow Testing Underway
Flow testing on TAG Oil’s Sidewinder-4 well achieved stabilized flow rates of 6.98 million cubic feet of gas per day. Flow testing of Sidewinder-2, the largest net pay of all Sidewinder wells to date, is currently underway. - June 10, 2011 - TAG Oil Ltd.
TAG’s Cheal-C1 Well Extends Known Mt. Messenger Oil Saturation Area and Encounters Oil in Deeper Wildcat Target
The Cheal-C1 well was drilled approximately 3.5 km to the northwest of the existing Mt. Messenger producing wells, with results extending the Mt. Messenger oil saturation area over a considerably larger area than previously known. - June 08, 2011 - TAG Oil Ltd.
TAG Reports Strong Flow Test at Sidewinder-3 Discovery, and On-Track to Produce First Commercial Oil and Gas from Sidewinder Discoveries
Sidewinder-3 was drilled to a total depth of 2,160 meters (7,085 feet), encountering 15.4 meters (50 feet) of net gas-bearing sandstones. With the four wells drilled to date, the interpreted total hydrocarbon column at Sidewinder exceeds 60 meters (196 feet) in thickness, with no water column evident in any of the Sidewinder wells. - June 06, 2011 - TAG Oil Ltd.
TAG Announces Strong Flow Test Result from Multiple Zone Oil Discovery in Cheal-B4ST Exploration Well
"The Cheal-B4ST well represents a significant milestone for the Cheal oil and gas field and opens the door for substantial reserve growth." Garth Johnson, TAG Oil CEO - June 02, 2011 - TAG Oil Ltd.
TAG Reports Substantial Year-End Reserve Increase to Its Taranaki Basin Oil and Gas Fields
Due to the timing of operations occurring after March 31, 2011, the Sidewinder reserve assessment was completed with information related only to the Sidewinder-1 well and does not include the now-completed Sidewinder-2, Sidewinder-3 and Sidewinder-4 wells. After considering production during the 2011 fiscal year, the 1,677,000 BOE in proved and probable reserves represents a 221% increase over the March 31, 2010 year-end independent reserve assessment. - May 20, 2011 - TAG Oil Ltd.
Aguila American Resources (V.AGL) Proceeds with Drill Permitting
John Huguet, Aguila American’s President states “We are very pleased that after many years of impasse to finally achieve a mutually productive agreement with the nearest community at Angostura. This agreement will enhance the community and officially gives the Company a green light to proceed with exploration and development at our very prospective gold project." Visit www.aguilaamerican.ca for more info. - May 11, 2011 - Aguila American Resources (V.AGL)
TAG Oil Announces Fifth Exploration Discovery: Sidewinder-4 Well Strikes Oil and Gas Charged Sandstones
TAG Oil Is pleased to report that the Sidewinder-4 exploration well has been confirmed as a light oil and gas discovery. Along with the three previous Sidewinder discoveries, it is TAG Oil's fifth exploration success in the Taranaki Basin in the past six months. - May 10, 2011 - TAG Oil Ltd.
TAG Oil Begins Trading on OTCQX International in the United States
TAG Oil Ltd. (TSX-V: TAO) and (OTCQX: TAOIF) is pleased to report the company’s common shares have been called to trade on the premier tier of the OTC market in the United States, the OTCQX International. - April 07, 2011 - TAG Oil Ltd.
TAG’s Sidewinder-3 Exploration Well Strikes Light Oil & Gas in Taranaki Basin; the Company’s Fourth New Discovery in Five Months
TAG Oil Ltd. (TSX-V: TAO) and (OTCQX: TAOIF) reports that the Sidewinder-3 exploration well is confirmed as a light oil and gas discovery, and will immediately proceed to drill the Sidewinder-4 exploration well. - April 07, 2011 - TAG Oil Ltd.
GeoDynamics Expects Crude Oil Prices to Significantly Rise
GeoDynamics Inc. is a privately owned independent oil and natural gas company based in Colorado with a top priority of locating and developing new sources of energy in the country’s domestic oil fields and natural gas fields. The company uses a unique exploration model, which is successful,... - March 16, 2011 - GeoDynamics Inc.
TAG Announces Its Third New Light Oil and Gas Discovery in Five Months, in New Zealand’s Taranaki Basin
TAG’s third new discovery in five months, Sidewinder-2 is a multi-zone, light oil and gas discovery, with high quality, oil-and-gas-bearing sandstones. “We’re very pleased to find such a significant showing from this well,” says Garth Johnson, TAG Oil CEO. - March 15, 2011 - TAG Oil Ltd.
TAG Oil Begins Cheal Field Drilling: First of Several Wells Targets Production and Reserve Growth
“Numerous drill-ready prospects have been identified at Cheal, providing us with opportunities for high-impact reserve and production growth. We plan to fully exploit these shallow zones with an objective to build our near term cash flow, as we prepare to pursue the deeper condensate-rich gas formations and TAG’s East Coast Basin fractured oil shale prospects.” -TAG Oil CEO Garth Johnson - February 17, 2011 - TAG Oil Ltd.
Texas Right of Way Associates Teams with Environmental Consulting Firm
Texas Right of Way Associates announced today that they have formed an alliance with Enercon Services, Inc. (ENERCON) to provide environmental consulting services to the oil & gas energy companies working in the Eagle Ford Shale, Haynesville Shale and Barnett Shale plays. Texas Right of Way... - February 10, 2011 - TRWA, Inc.
GeoDynamics Drills First Well in Denver-Julesburg Basin
Colorado could be on the verge of a huge oil find, similar to the gushers of the days of yore, in the Denver-Julesburg Basin northeast of Denver. Colorado-based oil drilling company GeoDynamics, Inc conducted initial reviews of the area during the summer of 2010. As of January 2011, GeoDynamics has... - January 14, 2011 - GeoDynamics Inc.
GeoDynamics Inc is Ready to Expand by Offering Joint Venture Partnership Opportunities
"Oil looks like one of the big investments of 2011. Investors want to get in fast and get in early. Any way you look at it, oil is going to be in demand this year," reports Carl Larry, president of Oil Outlooks and Opinions LLC, Houston. While GeoDynamics does not sell or offer securities, the opportunity, after due diligence, to accept a joint venture partnership with this company can be a valuable investment at this critical time. - January 10, 2011 - GeoDynamics Inc.
TAG Oil Announces Cheal Horizontal Well Success and Commercialization of Sidewinder Oil and Gas Discovery
TAG Oil Ltd. (TSX-V: TAO) reported that ongoing production testing of the 100%-controlled Cheal-BH-1 horizontal well in the Taranaki Basin of New Zealand continues with positive results. TAG Oil also announced that significant progress is being made towards fast-tracking the commercialization of the Sidewinder-1 oil and gas discovery. - January 07, 2011 - TAG Oil Ltd.
Breitling Royalties Announces Availability of B-R Jonah Oil & Gas Royalty Property
Breitling Royalties announces availability of B-R Jonah Oil and Gas Royalty Property with 4,150 producing wells in 9 counties throughout Texas, Mississippi and Louisiana. - December 28, 2010 - Breitling Royalties
TAG Oil Acquires Offshore Exploration Acreage, Taranaki Basin, New Zealand
TAG Oil has completed acquisition of interest in a 42,379-acre area in the Taranaki oil and gas discovery fairway which has been identified to have high-impact exploration potential. - December 17, 2010 - TAG Oil Ltd.
TAG Oil Reports Second Quarter 2011 Financial Results and Operational Highlights
TAG Oil Ltd., (TSX-V: TAO) a Canadian-listed, New Zealand-focused oil production and exploration company, has filed its second quarter financial report for the period ended September 30, 2010. - December 16, 2010 - TAG Oil Ltd.
TAG Oil Announces Strong Results at Sidewinder-1 Flow Test and Updates Taranaki Basin Operations
Sidewinder-1 encountered 14 meters of net (22m gross) oil and gas bearing sandstones. Stabilized flow rates totaling 1461 barrels of oil equivalent (“BOE”) per day were achieved over the 10-day test. - November 04, 2010 - TAG Oil Ltd.
Texas Right of Way Associates & Texas Railroad Commissioner Victor Carrillo to Join Forces
Texas Railroad Commissioner Victor Carrillo has agreed to join Texas Right of Way Associates as an independent consultant after he steps down as Chairman. - November 01, 2010 - TRWA, Inc.