TAG Oil Announces T-200 Well Reaches Total Depth and Reports Positive Abu Roash "F" Reservoir Log Results

Original announcement by orestocks on

Company
TAG Oil Ltd.
Ticker
TAO.V
Exchange
Unavailable
Region
Egypt
Primary commodity
Oil
Secondary commodities
None reported
Document categories
Other, Drill results
Extracted
2026-10-12 14:17:17 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

TAG Oil has reached the total depth of 4,160 metres at its T-200 exploration well in Egypt's Western Desert. Preliminary log interpretations indicate an oil-bearing Abu Roash 'F' reservoir with 14 metres of net oil pay and encouraging porosity.

Reasoning: The well has reached total depth and preliminary logs show oil-bearing potential, but actual production tests and formal assays are still pending.

Positive factors

  • Reached total depth of 4,160m
  • Presence of oil-bearing reservoir indicated by logs
  • Encouraging porosity and natural fractures

Negative factors

  • Results are preliminary log interpretations, not confirmed assays
  • Production potential not yet tested

Facts used in scoring: 1

Classification and evidence

Nearology Playneutral · Story-specific tag

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The well is part of the BED-1 development program at the Badr Oil Field.

Evidence · text

“its T-200 exploration well at the Badr Oil Field ("BED-1") in Egypt's Western Desert”

Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

Drill Results (1)

T-200BED-1 · oilIntercept: 58 mView all details
Link to this fact

Identity

Hole ID
T-200
Project
BED-1
Commodity
oil
Region
egypt
Reported Region
egypt
Ticker
TAO.V

Geometry

Intercept
58 m
From
4102 m
To
4160 m
Hole Depth
4160 m
Intercept Depth
4102 m

Classification

Program
exploration
Sample Type
drill
Group ID
T-200:4102-4160

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Log data indicates an oil-bearing interval, but results are not yet confirmed by production testing.

Positive factors

  • Presence of oil shows in 58m limestone interval
  • 14m net oil pay indicated by logs

Negative factors

  • Preliminary log interpretation only
  • No production test results yet

Evidence · text

“The ARF interval, encountered between 4,102 and 4,160 metres, comprises 58 metres of limestone exhibiting good oil shows.”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.