VANCOUVER, BC, May 9, 2023 /CNW/ - TAG Oil Ltd. (TSXV: TAO) (OTCQX: TAOIF) ("TAG Oil" or the "Company") is pleased to announce the successful re-entry of the vertical well, BED 1-7, at the Badr Oil Field ("BED-1") in the Western Desert, Egypt. The Company perforated the Abu Roash "F" formation ("ARF Formation") and conducted a Diagnostic Fracture Injectivity Test (DFIT). The reservoir was further fracture stimulated with a large 110 tons sand treatment and pump schedule with positive response confirming reservoir models and projected performance.
Read more at newswire.caTAG Oil Achieves First Oil Production in the Badr Oil Field, Western Desert, Egypt
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