TAG Oil provides encouraging update on recent Cheal-E wells - TAG - TopicsExpress

TAG Oil provides encouraging update on recent Cheal-E wells - TAG Oil (TSE:TAO) (OTCQX:TAOIF) says its latest Cheal-E wells in New Zealands Taranaki Basin continue to show the prospectivity and potential for success in the acreage. Its Cheal-E6 well, over a period of 11 days, continued to naturally flow at stable rates, and produced an average of 325 barrels of oil equivalent per day (boe/d), for a total of 3,178 barrels of oil and 4,456 mscf of gas, according to TAGs... ow.ly/2SagWg

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