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TAG Oil, Apache To Target Oil, Natural Gas In New Zealand

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September 2, 2011

TAG Oil Ltd., Vancouver, (TSX: TAO) has entered into a farmout agreement with Apache Corporation, Houston, (NYSE: APA) to explore and potentially develop oil and natural gas resources in the East Coast Basin of New Zealand.

Apache has agreed to conduct a multi-phased exploration, appraisal and potential development program within TAG's East Coast Basin exploration permits PEP ...

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