TAG Oil (TSE:TAO) has released an update.
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TAG Oil Ltd. is launching a $10 million public offering to fund its exploration and development projects in Egypt’s Western Desert. The proceeds will be used for activities like drilling new wells and re-entering existing ones, as well as preparing for a potential joint venture. This move is part of TAG Oil’s strategy to expand its operations and capitalize on both unconventional and conventional opportunities in the region.
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