09:47 AM EST - TAG Oil Ltd. : announced that development, appraisal and step-out drilling, and field optimization work has resumed at the Company's Taranaki oil and gas fields. Located in the main production fairway of the Taranaki Basin on the North Island, New Zealand, TAG is pursuing significant reserve growth through developing and exploiting its lightly explored discovery acreage in the shallow and high impact deep formations. TAG Oil Ltd.
shares T.TAO are trading up $0.01 at $1.56.
