TAG Oil Ltd. announced that Apache New Zealand Corporation LDC has informed the company that it will elect not to undertake the phase 2 program under the farmout agreement dated September 1, 2011, between Eastern Petroleum (NZ) Limited, Orient Petroleum (NZ) Limited and ANZ relating to drilling in the East Coast Basin of New Zealand. TAG intends to continue and complete the phase 1 program. Under the farmout agreement, ANZ is obligated to pay all costs and expenses actually incurred or committed in respect of the phase 1 programme.
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5-day change | 1st Jan Change | ||
0.335 CAD | -1.47% |
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-9.46% | -27.17% |
Jul. 08 | TAG Oil Provides Flow Test and Production Update for T100 Horizontal Well in Egypt | MT |
Jul. 08 | TAG Oil Provides Flow Test and Production Update for BED4-T100 Horizontal Well | CI |
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Chiffre d''affaires - Rate of surprise
1st Jan change | Capi. | |
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-27.17% | 46.2M | |
+4.04% | 286B | |
+75.77% | 143B | |
-2.47% | 133B | |
+15.06% | 77.88B | |
+5.91% | 73.66B | |
+2.71% | 54.51B | |
+2.39% | 45.37B | |
-6.83% | 37.07B | |
+32.46% | 36.95B |
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- TAG Oil Ltd. Receives Notice from Apache New Zealand Corporation LDC Under East Coast Farmout Agreement