Business
TAG Announces the Appointment of Henrik Lundin to its Board of Directors
VANCOUVER , June 16, 2015 /CNW/ - TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased ...
About this update from Tag Oil Ltd
[{"type":"text","content":"\n\nVANCOUVER, June 16, 2015 /CNW/ - TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased to announce that Mr. Henrik Lundin will join the Board of Directors of the Company, effective immediately.\n\nMr. Lundin is an experienced oil and gas engineer who holds a B.Sc. Petroleum Engineering degree from the Colorado School of Mines in Colorado, USA. Mr. Lundin's career as a reservoir engineer has developed through his experience in onshore fields located in Syria and France, as well as offshore fields located in Norway and Tunisia. Mr. Lundin's career path has taken him from acting as a Petroleum/Thermal Engineer for Tanganyika Oil Company Ltd., to rapidly excelling from the position as a Reservoir Engineer to his current position as a Senior Reservoir Engineer for the industry leading Lundin Petroleum AB, with a focus on the Brynhild and Johan Sverdrup fields in Norway. \n\nTAG Oil Chairman, Alex Guidi commented: \"It is very exciting to have Henrik join TAG Oil as a director during this transformative period for the Company. He is a proven team member and leader through his considerable global experience as a reservoir engineer, and possesses a strong understanding of the technical and business side of the oil and gas industry that will serve to greatly enhance the qualities of TAG's Board.\"\n\nTAG's Board now consists of Alex Guidi, Toby Pierce, Keith Hill, Ken Vidalin, Brad Holland and Henrik Lundin.\n\nTAG Oil Ltd. \n\nTAG Oil Ltd. (http://www.tagoil.com/) is a Canadian based, development stage, oil and gas company with extensive operations—including production infrastructure—in the Taranaki region of New Zealand. As one of New Zealand's leading operators, TAG is poised for long-term, reserve-based growth, and is positioned with attractive exploration activities in the lightly explored Taranaki Basin discovery fairway, and oil shale prospects on the East Coast. As a low cost, high netback oil and gas producer, TAG is debt-free and reinvests its cash flow into development and step-out drilling along trend with the Company's existing production.\n\nCautionary Note Regarding Forward-Looking Statements:\n\nStatements contained in this news release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of TAG. Such statements can be generally, ...