TAG Oil Blog

Denise Marshall

Recent Posts

The Journey to Waitangi Valley-1

Posted by Denise Marshall on Jul 18, 2014 4:48:00 PM

What goes into the building of a drill site? When it’s in the undeveloped East Coast Basin, even a small well pad nestled in the hills can take some infrastructure work. As always though, TAG Oil is careful to work within the landscape and keep a small footprint. Here are some photos from the field of our soon-to-be-spud Waitangi
Valley-1 well.
 

Image 17 resized 600

 Image 9

A couple of locals supervise our team. 
 

     

Image 6

Prepping the well pad site for the big rig en route.

Image 2 2

We built a small bridge over a seasonal stream…

 

     

Image 14

…That flooded from record winter rains. No harm done.

 

Image 8

Conductor Pilot Hole Opener assembly, drills 17.5” hole down to a depth of 42m. Later a conductor hole is drilled to 26” size.

 

     

Image 3

Welding a “20” conductor casing that will be cemented in the 26”  hole to a depth of 42m.


 

Image 16

Taking in the view in the winter sun, enjoying the new fence we built. 

A view from the oil field

Posted by Denise Marshall on Jan 13, 2014 12:51:00 PM

The Cheal sites have been active these past few months, and we've finally gotten some photos in from the field. From Cheal A to G, we're making improvements, loading oil, and preparing to tie in more wells.

Image 13 resized 600
To start with the wider view before going micro with the shots below, here's one that shows TAG living harmoniously with its bovine neighbors. 

TAG005

A 400 bbl oil tank at the Cheal E site:
a second identical tank will be placed
beside it soon.

TAG013

And over at the Cheal A site, oil tankers fill up with our product: a beautiful sight!
 

TAG008

The five wells at the E-Site. The plant is permanently built, and two of the five wells are permanently tied in. Shows how low profile these sites are once we're producing.

TAG031

Awaiting commission of the Thermal Combustion Chamber (hidden on the right), which will contain the flare at the E-Site.

TAG030

 Breaking it all down at the Cheal E Site.
  

Image 4

A tidy G site with the G-1 well now underway.

Topics: Cheal Production Facility, Taranaki, Cheal Oil Field, oil and gas production

Thanks, Mel!

Posted by Denise Marshall on Sep 11, 2013 2:43:00 PM

Long-time resource investor Mr. Mel Z. Zummack resides in Kelowna BC, Canada where TAG Oil originated. Ten years after first investing he’s still using the pen he received, and is still a strong supporter. From all of us at TAG: "Thanks for your continuous and unwavering support, Mel!"

Mel.Zummack resized 600.jpg

FY 2014 Q1 Webcast & 12 Well Drilling Announcement

Posted by Denise Marshall on Aug 19, 2013 11:15:00 AM

If you missed last Wednesday's call with TAG CEO Garth Johnson and COO Drew Cadenhead, here's a recording here. 

Substantive and detailed, they ran through Q1 finances, a production report, and the kick-off of our 12-well drilling plan, targeting both deep and shallow oil and gas prospects. We're funding this fully ourselves, anticipating approximately $40 million to $42 million in capital expenditures, and we can't wait to bring more news as events unfold. In the meantime, have a listen to the call.

Topics: Financials, Financial coverage, Announcements