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TAG Oil Announces New Zealand Petroleum and Minerals Approval

TAG Oil Announces New Zealand Petroleum and Minerals Approval Canada NewsWire VA...

articleTag Oil LtdAugust 1, 20195/company/tag-oil-ltd/news/tag-oil-announces-new-zealand-petroleum-and-minerals-approval
TAG Oil Announces New Zealand Petroleum and Minerals Approval

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[{"type":"text","content":"\n\n\n\nTAG Oil Announces New Zealand Petroleum and Minerals Approval\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Aug. 1, 2019\n\n\n\nVANCOUVER, Aug. 1, 2019 /CNW/ - TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to announce that final approval has been received from New Zealand Petroleum and Minerals for the sale and transfer of TAG's operatorship to Tamarind Resources Pte. Ltd (\"Tamarind\") of its New Zealand operations. \nTAG and Tamarind are working diligently to close the transaction within approximately the next 30 days.\nAdditional information about the transaction can be found in the management information circular dated November 30, 2018, which is filed under TAG's SEDAR profile at www.sedar.com. \nAbout TAG Oil Ltd. \nTAG Oil Ltd. (http://www.tagoil.com/) is an international oil and gas explorer with established high netback production, development and exploration assets, including production infrastructure in New Zealand and Australia. TAG Oil currently has 85,239,252 shares outstanding. \nCautionary Note Regarding Forward-Looking Statements and Disclaimer\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 generally, but not always, be identified by words such as \"expects\", \"plans\", \"anticipates\", \"intends\", \"estimates\", \"forecasts\", \"schedules\", \"prepares\", \"potential\" and similar expressions, or that events or conditions \"will\", \"would\", \"may\", \"could\" or \"should\" occur. All estimates and statements that describe the Company's plans relating to operations are forward-looking statements under applicable securities laws and necessarily involve risks and uncertainties. Actual results may vary materially from the information provided in this release, and there is no representation by TAG that the actual results realized in the future will be the same in whole or in part as those presented herein.\nAlso included in this new rel...

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