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TAG Oil Ltd.

09:48 AM EST - TAG Oil Ltd. : announced the Company's anticipated 2013 Taranaki Basin drilling program within the Cheal and Sidewinder fields, and within TAG's newly awarded acreage. This drilling campaign is expected to consist of a minimum 13 wells, and will continue to target the Mt. Messenger/Urenui Formation targets, as well as deeper high-impact targets in the Kapuni Formation. TAG Oil Ltd. shares T.TAO are trading up $0.09 at $4.09.