TAG Oil (TSE:TAO) has released an update.
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TAG Oil is making strides in the development of its BED-1 concession in Egypt, with steady production from its T100 and BED 1-7 wells and plans to drill new wells in 2025. The company is also optimizing logistics and reducing costs to improve profitability, while seeking strategic partners to accelerate the development of its assets.
For further insights into TSE:TAO stock, check out TipRanks’ Stock Analysis page.