03:43 PM EST - TAG Oil Ltd. : announced today that the Company's 100% owned New Zealand subsidiaries have concluded an agreement with Apache New Zealand Corporation LDC, which results in an early termination of the Farmout Agreement dated September 1, 2011. This agreement relates to exploration in Petroleum Exploration Permits 38348, 38349 and 50940 located in the East Coast Basin of New Zealand. TAG Oil Ltd.
shares T.TAO are trading up $0.08 at $4.75.
