Brief: TAG Oil says capital budget for 2018 fiscal year will be up to about C$27.4 mln
19/04/2017 14:01
April 19 (Reuters) - TAG Oil Ltd TAO.TO :
* TAG Oil Ltd - capital budget for company's 2018 fiscal
year will be up to approximately c$27.4 million
* TAG Oil Ltd - capital budget for company's 2018 fiscal
year will be funded entirely by forecasted cash flow and working
capital on hand
* TAG Oil Ltd - TAG Oil is estimating that fy2018 revenue
from operations will be about c$28 million
* TAG Oil Ltd - sees 2018 production averaging about 1,400
BOE/D
* TAG Oil Ltd - expects to exit FY2018 with production of
about 1,900 BOE/D
Source text for Eikon: ID:nPnc7C0Lya
Further company coverage: TAO.TO
((Bangalore.newsroom@thomsonreuters.com;))
Recent news on TAG Oil
See all newsBrief: Tag Oil Closes The Sale Of Its New Zealand Royalty Interests
Brief: TAG Oil Signs Definitive Agreement To Sell Its New Zealand Royalty Interests
Brief: TAG Oil Provides Update On Corporate Initiatives
Brief: Tag Oil Ltd Abdel Badwi Has Been Appointed As Executive Chairman And CEO
Brief: TAG Oil Announces Closing of Public Offering to Strategically Advance Unconventional and Conventional Opportunities in Egypt