Brief: Tag Oil announces definitive agreement to acquire assets located in Australia's Surat Basin
31/10/2016 13:00
Oct 31 (Reuters) - Tag Oil Ltd TAO.TO :
* Tag Oil announces definitive agreement to acquire assets
located in Australia's Surat Basin
* Tag will acquire a 100% right, title and interest in PL17
and all related assets for consideration of AUD$2,500,000,
* PL 17 covers 104 km (25,700 acres) in Surat Basin, which
is one of Australia's oldest producing basins
Source text for Eikon: ID:nPnc82Zz4a
Further company coverage: TAO.TO
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