TAG Oil Updates Egypt Drilling

Monday, February 5, 2024

Tag Oil CEO Toby Pierce provided an update on the company’s T-100 horizontal well project in the Badr Oil Field in Egypt’s Western Desert.

Pierce states the program is approximately seven days into the drilling process, and that progress is proceeding smoothly. He anticipates it will be another 10-12 days (as of Feb 2) of drilling before reaching the targeted zone.

He added that there have not been any issues with the rig during this program and the mud system has shown good returns and is working well. Tag Oil will provide updates in due course.

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