Due to start this year, TAG Oil can now proceed with a significant capital program at the unconventional Abu Roash “F” reservoir in the Badr Oil Field (“BED-1”) located in the Western Desert of Egypt.
The official PSA signing took place at the Egyptian General Petroleum Corporation (“EGPC”) offices in Cairo, Egypt, between Eng. Ibrahim Massoud, Chairman of BPCO, and Abby Badwi, Executive Chairman of TAG Oil, and present for the signing was Eng. Mohamed Baydoon, Vice President Production of EGPC.
