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TAG Oil Ltd. (TSX-V: TAO )???? reported a new discovery of oil in New Zealand’s Taranaki Basin is the Sidewinder-1 exploration well in TAGA? s 100% owned, 7910 hectare exploration permit PEP 38 748 broadside.

Sidewinder-1, drilled to a total depth of 1,601 m and encountered 14 meters net (22m crude) oil sand in the Mt Messenger Formation. Electric logs show excellent reservoir qualities with porosities of 22.5% and the average oil saturation of 60%.


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We are very pleased to pay the oil beyond what we expected, these results also raise the likelihood of further discoveries and production capacity of approval broad side of a range? commented Garth Johnson, CEO of TAG Oil. â? TAG proceed now to be the complete Sidewinder-1 and production. Wea? He begins to flow test immediately after the fracture stimulation of the Cheal B-3 in our 100> Cheal%-owned mines are Permit.â ????

The drill will now proceed to open for drilling the Cheal Cheal mining-BH-1 horizontal drilling. This well is a total measured depth of 2,325 m, including a horizontal section 600, in the area for clues to the Cheal A block and a target, a big fan turbidite deposits in the Mt Messenger Formation to be drilled. Cheal-BH-1 will be completed by the treatment of bone fractures in various stages along the horizontal section.


TAG Oil Ltd.


TAG Oil Ltd. is listed in Canada (TSX-V: TAO) with operations on land in New Zealand. With 100% control over all their assets base, including production plants, TAG expects production growth through the development of several oil and gas discoveries in the Taranaki Basin and a great influence on prospects for exploration drilling has identified more than 3,500 pieces of land.

the basin from the east coast next day, the potential of unconventional resources, which has been in the big Waipawa black shale and shale formations proved Whangai source rock, which are widespread in the socialist? s range. The geological characteristics of the oil-rich of course broken, thermally mature, compare prices, cheap with broken shale formations such as shale in the Williston Basin and Bakken Lias Shale in the Paris basin.


Contact

Dan Brown
or Garth Johnson
TAG Oil Ltd.
1-604-682-6496
Site
: http://www.tagoil.com/

warning to the expected results and forward-looking statements

The statements in this press release that are not historical facts are the expected results and forward-looking statements that involve risks and uncertainties, which include the business of TAG Oil. Actual results may differ materially from the information contained in this press release. Accordingly, there is no representation by TAG Oil that the actual results would be achieved in the future the same as those presented in whole or in part, be here as such. Actual results may differ materially from expected results and reported results should not be considered an indication of future performance.

TAG Oil exploration and production of oil and all real estate is in progress, with the exception of the Cheal oil field, are the roots of grass or grass-roots exploration phase. The hydrocarbon exploration is a speculative business, which necessarily involve significant risks. There is no certainty that expenditure on TAG OILA? S Exploration properties will result in discoveries of commercial quantities of hydrocarbons. TAG OILA? S the future success of the operation and increasing its current reserves will depend on TAG OILA? S ability to discover and expand its current properties and its ability to acquire properties or prospects who are producers. But there is no certainty, that TAG OILA? S future exploration and development work will result in the discovery or development of other commercial accumulations of oil and natural gas.

other factors that could cause actual results to differ from the anticipated results and forward-looking statements could further results are available in sets, but are not limited to, filings that the Company and its independent evaluator have made, including recent reports the company in Canada under NI 51-102.

TSX Venture Exchange nor its regulation services provider (as that term in the guidelines of the TSX Venture Exchange is defined) can not accept responsibility for the adequacy or accuracy of this release.


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