TAG Oil Ltd. (TSX-V: TAO) has completed the merger with Trans-Orient Petroleum Ltd. Trans-Orient holds exploration and production rights over a highly prospective acreage position in New Zealand's East Coast Basin. Trans-Orient and their subsidiaries are now 100% controlled subsidiaries of TAG Oil Ltd. and will provide TAG with exclusive exploration and development rights.
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TAG Oil Ltd.
TAG Oil Ltd. (http://www.tagoil.com/) is a Canadian-based company with international operations in New Zealand. The Company holds an extensive prospect inventory in the Taranaki Basin, including a 100% interest in the Cheal oil discovery now under appraisal and development.
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