Tag Oil Ltd. is an international oil and gas exploration and production company focused on operations in the Middle East and North Africa, particularly Egypt. The company holds an interest in the Badr Oil Field (BED-1), a 26,000-acre concession in the Western Desert, through a production services agreement with Badr Petroleum Company. It specializes in the development of the Abu Roash F (ARF) unconventional carbonate reservoir, where the BED 1-7 vertical well has initiated oil production as part of its phase I development program. Tag Oil Ltd. is advancing re-completion and evaluation operations at BED-1, alongside a Field Development Plan that emphasizes drilling horizontal wells with multi-stage fracture stimulation in the east central concession area. Operating through subsidiaries such as TAG Energy International Ltd. and CX Oil Limited, the company targets opportunities in both unconventional and conventional oil resources within this key Egyptian asset, contributing to regional energy production in the oil and gas exploration and production sector.
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