TAG Oil (TSE:TAO) has released an update.
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TAG Oil has successfully closed a public offering, raising over $6.8 million to fund its expansion in Egypt’s Western Desert, including developing the Badr Oil Field and a new strategic concession. This move is part of TAG Oil’s broader strategy to explore joint ventures and partnerships in the Middle East North Africa region.
For further insights into TSE:TAO stock, check out TipRanks’ Stock Analysis page.