TAG Oil (TSE:TAO) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
TAG Oil Ltd. is launching a $10 million public offering to fund its exploration and development projects in Egypt’s Western Desert. The proceeds will be used for activities like drilling new wells and re-entering existing ones, as well as preparing for a potential joint venture. This move is part of TAG Oil’s strategy to expand its operations and capitalize on both unconventional and conventional opportunities in the region.
For further insights into TSE:TAO stock, check out TipRanks’ Stock Analysis page.