Tag Oil Ltd · TSXV:TAO
Tag Oil — Investor Presentation (February 2025)
19 slides from Tag Oil's investor presentation, February 2025
Slide 1: Unlocking Egypt's Vast Unconventional Resource Potential
Unlocking Egypt's Vast Unconventional Resource Potential TSXV : TAO | OTCQX : TAOIF October 2024 FEBRUARY 2025 ©2025 TAG OIL Ltd., www.tagoil.com
Slide 2: Forward-Looking Statements and Disclaimer
Forward-Looking Statements and Disclaimer TAG Oil Ltd. ("TAG“, “TAG Oil” or the "Company) has adopted the standard of six thousand cubic feet of gas to equal one barrel of oil when converting natural gas to “boe," which Exploration for hydrocarbons is a speculative venture necessarily involving subs
Slide 3: Executive Summary
Executive Summary TAG Oil offers attractive investment option with its focus on high-potential, undervalued oil and gas opportunities, in Egypt’s Abu Roash “F” (ARF) reservoir within the Badr Oil Field. Potential Scale of the Opportunity • The play is an analog to the Eagle Ford in the USA and is tw
Slide 4: Egypt is a Mature Energy Producer
Egypt is a Mature Energy Producer Egypt is an Attractive Energy Jurisdiction • Egypt is a democratic republic, its geography, population and history, have made it a highly influential country in the MENA (1) region • Oil and gas, mining, agriculture, the Suez Canal, tourism and textile industry are
Slide 5: Experienced Leadership Team
Experienced Leadership Team Abdel (Abby) Badwi Gamal Rezk Executive Chairman and CEO, BSc VP & General Manager, Egypt Proven oil & gas executive with over 24 years of oil & gas experience working with 45 years of experience of delivering international energy companies, and is outstanding returns for
Slide 6: 20 Years Of Proven Leadership In Unlocking Assets
20 Years Of Proven Leadership In Unlocking Assets Verano Energy Kuwait Energy Colombia Egypt, Oman & Iraq Abby Badwi as Founder and Abby Badwi as CEO (2017 to Chairman (2012-2014), acquired 2019) grew production to 20,000 several blocks with proved oil BOEPD and completed the sale production. Comple
Slide 7: TAG Has An Experienced Board of Directors
TAG Has An Experienced Board of Directors Abdel (Abby) Badwi Gavin Wilson Executive Chairman and CEO, BSc Non-Executive Director, BA Proven oil & gas executive with over 45 Investment Manager for Meridian Group of years of experience of delivering Companies, a private investment company, outstanding
Slide 8: Why TAG Oil?
Why TAG Oil? TAG Oil is well positioned to create significant value 1 2 3 4 AFRICA IS EGYPT’S ARF TAG OIL BLOCKS TAG OIL CURRENTLY A HAS HIGH-VALUE ARE EFFICIENTLY POTENTIAL HOTBED FOR OIL & RESERVOIR PLACED FOR GROWTH HORIZON GAS INVESTMENTS POTENTIAL PRODUCTION IS OPTIMISTIC Why Egypt? Why ARF? We
Slide 9: TAG Timeline: Where We Are? Abu Roash "F" (ARF) Formation
TAG Timeline: Where We Are? Unlocking the Vast Potential of the Abu Roash “F” (ARF) Formation AGREEMENT POSITIVE POSITIVE FIRST PRIMARY RESULTS 2025 SIGNED VERTICAL TEST HORIZONTAL WELL SHOW GOOD POTENTIAL CAPITAL PROGRAM ▪ In October 2022, TAG ▪ In February 2023, TAG ▪ In May 2024, TAG ▪ TAG’s firs
Slide 10: BED-1 Petroleum Services Agreement
BED-1 Petroleum Services Agreement • On October 13, 2022, TAG signed a Petroleum Services Agreement with Badr Petroleum Company, a wholly owned subsidiary of EGPC Phase 1 Evaluation Period, which is • TAG has the rights to develop Abu Roash “F” (ARF) formation in the BED-1 Field considered as a pilo
Slide 11: BED-1 Concession Located in Egypt's Western Desert
BED-1 Concession Located in Egypt’s Western Desert ©2025 TAG OIL Ltd., www.tagoil.com 11
Slide 12: Significant ARF Potential in Egypt
Significant ARF Potential in Egypt • The Abu Gharadig basin is a deep east-west trending asymmetric graben, and the Abu Roash “F” (ARF) Formation is extensive throughout the Abu Gharadig basin and beyond • There are hundreds of wellbores penetrating the ARF in Egypt, many having been logged • The AR
Slide 13: Exceptional ARF Reservoir Quality
Exceptional ARF Reservoir Quality 46 MT (150 ft) thick section • The Petrophysical Log obtained from the BED4-T100 vertical well drilled by TAG, indicated good reservoir rock with high oil saturation ARF Top • Average porosity is in the 6-9% range which is on the high end for an unconventional resou
Slide 14: Egypt's ARF Play is Twice the Area of U.S. Eagle Ford
Egypt’s ARF Play is Twice the Area of U.S. Eagle Ford ▪ The Abu Roash “F” (ARF) reservoir in Egypt has the potential to outperform the recovery potential of the analogous Eagle Ford ▪ Resource mapping using seismic, well control, and limited well tests suggest significant potential over 10,000 km2 a
Slide 15: BED-1 ARF in Egypt Compared to Eagle Ford in Texas
BED-1 ARF in Egypt Compared to Eagle Ford in Texas (1) Key Comparisons: • Water saturation for ARF in BED-1 is much lower than in • Depositional environments is similar as well as age of deposition Eagle Ford • Less shale content BED-1 ARF suggesting it is more brittle than • Total Organic Content (
Slide 16: Eagle Ford Oil Type Well vs. BED4-T100
Eagle Ford Oil Type Well vs. BED4-T100 • As of April 2023, there has been over 27,000 horizontal wells drilled in the Eagle Ford formation (gas and oil) • Of these wells, there are about 93% still on production • In 2023, 33 more horizontal Eagle Ford wells were spud per month • At current T100 rate
Slide 17: ARF Resource Potential and Development Plan
ARF Resource Potential and Development Plan BED-1 RPS 2022 Resources Report Highlights • RPS estimates the ARF OIIP P50 Volumes to be 531.5 million barrels • RPS estimate for Contingent Resources (2C Development Pending) net over the BED-1 concession area. The discovered OIIP in the ARF is present v
Slide 18: Advanced Discussions to Secure Additional ARF Acreage
Advanced Discussions to Secure Additional ARF Acreage The Acquisition – Significantly Expanding TAG’S Acreage Footprint in Egypt • TAG Oil received a “No Objection Letter” approval from an industry operator in Egypt to the Company’s proposal to acquire a significant interest in their sizable concess
Slide 19: info@tagoil.com
info@tagoil.com 1-604-682-6496 TSXV : TAO | OTCQX : TAOIF Suite 1710, 1050 West Pender Street www.tagoil.com Vancouver, B.C V6E 3S7 Canada ©2025 TAG OIL Ltd., www.tagoil.com