"Both companies are moving towards a wave of activity, and we want to ensure that our technical and operational abilities are solidly established," explained
Mr. Kazianis has an excellent track record of operational success and has extensive international field experience in well-site supervision, management of drilling operations and critical technical support. He also provides collation and completion of geological prognoses for drilling, well planning and many other management responsibilities. Mr. Kazianis has worked in
The companies also announced today that in order to facilitate restructuring of their expanded operations in
"Our goal is cost-effectively to provide both companies with broad operational and technical skill as we accelerate our exploration strategy and more importantly, full development of the Cheal oil discovery, which is paramount to our near-term production growth strategy," Johnson further commented. "Both TAG and Trans-Orient have over a decade of
About TAG
TAG Oil Ltd. (http://www.tagoil.com/) is a
About Trans-Orient
Trans-Orient Petroleum Ltd. (http://www.transorient.com/) is a
Forward-Looking Statements:
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of applicable legislation. Other than statements of historical fact, all statements in this release addressing future operations, undiscovered hydrocarbon resource potential, exploration, potential reservoirs, prospects, leads and other contingencies are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements due to factors such as market prices, farm-outs, relinquishments, exploration successes, continued availability of capital and financing, and general economic, market, political or business conditions. Please see our public filings at www.sedar.com for further information.
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SOURCE Trans-Orient Petroleum Ltd.