TAG Oil Commences Drilling the Horizontal Leg of its BED4-T100 Well After Successfully Logging the Vertical Pilot Hole
VANCOUVER, BC, Sept. 27, 2023 /PRNewswire/ – TAG Oil Ltd. (TSXV: TAO) (OTCQX: TAOIF) (“TAG Oil” or the “Company“) is pleased to announce that it has commenced drilling the horizontal portion of the BED4-T100 (“T100”) well in the Badr Oil Field (“BED-1”) in the Western Desert of Egypt. TAG Oil successfully drilled the vertical pilot hole to a depth of 3,290 meters. The Company recently performed open-hole logging, formation imaging, and pressure measurement, followed by cement plug-back of the lower vertical pilot hole. TAG Oil immediately proceeded into whip-stock drilling of build and lateral horizontal sections in the Abu Roash “F” (“ARF”) reservoir.