TAG Oil has $41 mm in cash and exciting earlier stage E&P assets in Australia
Toby Pierce – CEO
With over 20+ years of oil and gas, banking and equity research experience across London, UK, and Canada.
What is your rationale for attending 121 Oil & Gas Investment?
We are looking for long term investors that will support our company over a 2-4 year time frame.
What recent news would you like to highlight to investors attending?
We recently closed our transaction to sell all of our NZ assets for US$30+ mm.
What are your key goals for the next 3,6 and 12 months?
Complete a farm-out of our assets in Australia.
Find a new direction and set of assets of TAG Oil going forward.
Drilling and exploring our existing Australian production permit.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Key challenge is finding the next right asset to roll into TAG Oil.
What do you think makes your company such a compelling investment?
We are currently trading at less than 70% of cash value with material upside.