Business
TAG Oil Provides Financial Results and Operating Updates for Q2-2025
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2025) - TAG Oil Ltd. (TSXV: TAO) (OTCQB: TAOIF) (FSE: T0P) ("TAG Oil" or the "Company") is pleased to report the filing of its financial results for the interim period ending June 30, 2025. A copy of TAG Oil's financial statements, and management discussion and analysis for the interim period ending June 30, 2025, are available on SEDAR+ (www.sedarplus.ca) and on the Company's website (http://www.tagoil.com/). On June 30, 2025, the...
About this update from Tag Oil Ltd
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - August 29, 2025) - TAG Oil Ltd. (TSXV: TAO) (OTCQB: TAOIF) (FSE: T0P) ("TAG Oil" or the "Company") is pleased to report the filing of its financial results for the interim period ending June 30, 2025. A copy of TAG Oil's financial statements, and management discussion and analysis for the interim period ending June 30, 2025, are available on SEDAR+ (www.sedarplus.ca) and on the Company's website (http://www.tagoil.com/).","length":499,"tagName":"p"},{"type":"text","content":"On June 30, 2025, the Company had C$5.3 million in cash and cash equivalent and C$4.9 million in working capital, compared to March 31, 2025, of C$3.2 million in cash and cash equivalents and C$5.0 million in working capital. The Company has no debt.","length":250,"tagName":"p"},{"type":"text","content":"During the quarter ending June 30, 2025, both Badr Oil Field ("BED-1") wells produced at an average 110 barrels of oil per day.1 Crude oil sales delivered for the same period was 91 barrels of oil per day.","length":215,"tagName":"p"},{"type":"text","content":"TAG Oil will be participating in the recently announced open bid for the strategic asset acquisition in Egypt. The process is now scheduled to close on September 30, 2025. The Company continues its efforts to secure an industry partner to accelerate further drilling at the BED-1 field. The Company indicated that Expression of Interest from qualified parties be submitted by September 30, 2025.","length":395,"tagName":"p"},{"type":"text","content":"The Company will continue to keep shareholders informed as these matters develop.","length":81,"tagName":"p"},{"type":"text","content":"About TAG Oil Ltd.","length":18,"tagName":"p"},{"type":"text","content":"TAG Oil (http://www.tagoil.com/) is a Canadian based international oil and gas exploration company with a focus on operations and opportunities in the Middle East and North Africa.","length":180,"tagName":"p"},{"type":"text","content":"For further information:","length":24,"tagName":"p"},{"type":"text","content":"Abdel (Abby) Badwi, Executive Chairman and CEO Email: [email protected] Website: http://www.tagoil.com/ LinkedIn: https://www.linkedin.com/company/tag-oil-ltdX: https://twitter.com/tagoilltd","length":192,"tagName":"p"},{"type":"text","content":"Neither the TSX-V n...