TAG Oil (TSE:TAO) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
TAG Oil Ltd. has successfully completed the initial flow-back operation at its BED4-T100 horizontal well, moving to long-term production by installing new production tubing and a jet pump. The company expects to reveal the well’s productivity potential with a 10-day initial production average by late June. TAG Oil’s CEO, Toby Pierce, emphasized the significance of this development step in enhancing oil extraction efficiency and potentially increasing production rates.
For further insights into TSE:TAO stock, check out TipRanks’ Stock Analysis page.
