Tag Oil formally exits Australia

EXPLORER and producer Tag Oil has divested three assets in the Queensland Surat Basin marking its official exit from Australia.

Tag Oil formally exits Australia Tag Oil formally exits Australia Tag Oil formally exits Australia Tag Oil formally exits Australia Tag Oil formally exits Australia

The Canada-based smallcap oil and gas company announced in October it would offload its three 100%-owned Surat Basin assets to a company called Luco Energy for A$2.5 million.