Cheal continues to deliver for TAG

NEW Zealand-focused Canadian junior TAG Oil has hit paydirt again, this time with the onshore Taranaki Cheal-C1 exploration well encountering almost 90 metres of hydrocarbon-bearing sandstones in two shallow formations.

08 June 2011
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Vancouver-headquartered TAG spudded Cheal-C1 on May 20, primarily to test the shallow Miocene-aged Urenui and Mount Messenger Formation sands encountered by the original Cardiff-1 well drilled by

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