TAG Oil (TSE:TAO) has released an update.
TAG Oil Ltd. is gearing up to initiate a multistage hydraulic fracture stimulation on their BED4-T100 well, with equipment and personnel already in place and operations set to begin around April 15. The company expects to complete the fracturing process within a week and plans to announce initial production results in May. This development is part of TAG Oil’s ongoing oil and gas exploration endeavors, primarily concentrated in the Middle East and North Africa.
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