TAG Oil Reports Q2 2024 Results

About this update from Tag Oil Ltd

[{"type":"text","content":"\n \n \n \n TAG Oil Reports Q2 2024 Results\n \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 Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Nov. 29, 2023\n \n \n /CNW/ -\n \n TAG Oil Ltd.\n \n (TSXV: TAO) (OTCQX: TAOIF) (\"\n \n TAG Oil\n \n \" or the \"\n \n Company\n \n \") is pleased to report the filing of its financial results for the interim period ending\n \n September 30, 2023\n \n . A copy of TAG Oil's financial statements and management discussion and analysis for the interim period ending\n \n September 30, 2023\n \n are available on SEDAR+ (\n \n www.sedarplus.ca\n \n ) and on the Company's website at\n \n www.tagoil.com\n \n .\n \n \n \n \n \n \n \n \n \n Highlights over the period include that the Company had\n \n C$23.0 million\n \n (\n \n June 30, 2023\n \n :\n \n C$15.5 million\n \n ) in cash and cash equivalents and\n \n C$24.7 million\n \n (\n \n June 30, 2023\n \n :\n \n C$17.9 million\n \n ) in working capital and has no debt. During the period, TAG Oil also closed its upsized\n \n C$12.3 million\n \n bought-deal public offering and continues to manage its costs and allocate the necessary resources towards its operations and business development efforts in\n \n Egypt\n \n and the broader\n \n Middle East\n \n and\n \n North Africa\n \n region.\n \n \n Drilling operations at the Badr Oil Field in the Western Desert of\n \n Egypt\n \n of TAG Oil's first horizontal well, BED4-T100, are progressing. The Company will provide detailed drilling and completion updates in due course.\n \n \n \n About TAG Oil Ltd.\n \n \n \n TAG Oil (\n \n http://www.tagoil.com/\n \n ) is a Canadian based international oil and gas exploration company with a focus on operations and opportunities in the\n \n Middle East\n \n and\n \n North Africa\n \n .\n \n \n \n Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.\n \n \n \n \n \n Forward-Looking Statements\n \n \n \n \n \n Statements contained in this news...

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