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Tag Oil Updates Ops At New Zealand's Cheal Field

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November 3, 2011

TAG Oil Ltd., Vancouver, (TSX: TAO; OTCQX: TAOIF) has reported continued positive drilling results at the Cheal field, with the completion of the first two wells of a ten-well drilling campaign. 

Electric log analysis of these wells indicates high-quality oil pay in the targeted Mt. Messenger and Urenui Formations. A pumping unit is currently being mobilized ...

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