# TAG Oil T-200 Well Drilling Update

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/tag-oil-t-200-well-drilling-update--5923ab6e-4d89-48c9-bc17-096d4797e7bd

Original source: https://orestocks.com/company/TAO.V/press-releases/7664769300147529

Publisher: orestocks

Original announcement: 2026-10-02T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-02T14:03:10.883Z

Atlas analysis updated: 2026-10-02T14:03:10.883Z

- Company: TAG Oil Ltd.

- Ticker: TAO.V

- Exchange: Unavailable

- Region: Egypt

- Primary commodity: Oil

- Secondary commodities: Natural gas

- Document categories: Other, Drill results

- Extracted: 2026-10-02 14:03:11 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

TAG Oil has successfully reached the Abu Roash 'F' formation at its T-200 well in Egypt's Western Desert. The company plans to resume drilling to a projected total depth of 4,200 metres, with production test results expected in late October 2026.

Reasoning: The update reports progress on a drilling program \(reaching target depth\) but contains no assay results or production data yet.

- Positive factor: Successful intersection of target reservoir

- Positive factor: Drilling on budget and in line with geological forecast

Facts used in scoring: 1

## Classification and evidence

**Nearology Play**

Polarity: neutral

Story-specific tag

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

Why it applies: The update focuses on the T-200 well within the existing Badr Oil Field \(BED-1\) concession.

Evidence · text

> at its T-200 vertical 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-200

[Link to this fact](https://atlas-staging.minestarters.com/news/tag-oil-t-200-well-drilling-update--5923ab6e-4d89-48c9-bc17-096d4797e7bd#fact-drill-facts-0)

BED-1

#### Identity

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

#### Geometry

- Hole Depth: 4102 m

#### Classification

- Sample Type: drill

#### Location

- Location: Badr Oil Field
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-02T00:00:00.000Z

Reasoning: The well has reached the target depth of 4,102m as planned.

- Positive factor: Reached target depth

Evidence · text

> successfully reached a depth of 4,102 metres

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: 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 Undisclosed**

Polarity: negative

Definition: 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.