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TAG Oil announces executive resignation

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Oilfield Technology,

New Zealand oil and gas producer, TAG Oil Ltd, has announced that its Chief Operating Officer, Frank Jacobs, has resigned to pursue other opportunities. A search for a replacement will commence and TAG will update the market as appropriate in due course.

Toby Pierce, CEO commented: "We at TAG Oil wish Frank all the best in his future endeavors. Frank worked closely with our team in New Zealand and helped focus our operational activities. And while he will be missed, I'm confident the strong team we have in place will continue the process of re-aligning TAG Oil's asset base, and keeping the company healthy through what could be a lengthy low oil price environment."

Edited from press release by

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