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TAO — TAG Oil News Story

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Brief: Tag Oil says ERC'S 2P reserves estimates at March 31, were 4,143 mboe

June 20 (Reuters) - Tag Oil Ltd  TAO.TO : 
    * Tag Oil Ltd - ERC'S 2P reserves estimates at March 31, 
2017, were 4,143 mboe compared to 3,619 mboe 2P reserves 
reported by Tag Oil at March 31, 2016 
    * Tag Oil Ltd - an approximate 12% decrease due to 438 mboe 
produced over 12-month period in fiscal year 2017 
    * Tag Oil Ltd - Cheal-E5 well is back on production, and Tag 
Oil has development plans to bring Cheal-E2 and E6 wells back on 
line in near term 
    * Tag Oil Ltd - an approximate 27% increase in annual 
reserves revisions of 962 mboe 
 
Source text for Eikon:  ID:nPngZcV4a  
Further company coverage:  TAO.TO  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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