TAG Oil announces reserve increases

Published by Anna Nicklin, Assistant Editor
Oilfield Technology, Wednesday, 21 June 2017 12:11

ERC Equipoise Ltd. (ERC) has completed an independent reserves assessment on TAG Oil Ltd.’s (TAG Oil) interests within the Cheal (PMP 38156), Cheal East (PEP 54877) and Sidewinder (PMP 53803) permits, dated and effective 31 March 2017. ERC has assigned a pre-tax net present value of CAN$82.12 million, using a 10% discount rate to the company’s net working interest proven plus probable (2P) reserves.

To read the full article
"TAG Oil announces reserve increases"
Please sign in or register for FREE

Read the article online at: https://www.oilfieldtechnology.com/exploration/21062017/tag-oil-announces-reserve-increases/

OceanTools launches new c-level subsea digital display

Friday 05 August 2022 10:00

Building on the success of the DISTIL display and tilt sensor, it has a 300 m depth rated acetal housing with anodized aluminium front plate and acrylic window. The unit has an integral 3.6 Ah rechargeable battery pack, which is ample to power it for a full working day.

You might also like