TAG OIL
ENERGY
Deep gas discovery , and the Kaheru Offshore JV .
Earlier this year , TAG underwent an extensive geotechnical and engineering review over the Taranaki development and exploration acreage to review the next round of drilling on the Company ’ s operated Cheal and Sidewinder Exploration and Development acreage .
“ We ’ re still in the primary phase of production in Cheal ,“ said Pierce , “ despite producing a net daily average of 1,689 barrels of oil equivalent — 73 per cent oil — this last quarter . We ’ re still finding new pockets of oil and gas , and there are many different aspects to implement , from optimizing recovery to infill drilling along known trends , and exploring through multiple producing formations . There are opportunities for oil there and potential upside .”
Alex Guidi Founder and Chairman
SUPPLIER PROFILE
Arthur J . Gallagher ( AJG ) is one of the world ’ s largest insurance brokers . Founded in the United States in 1927 , it now employs over 23,000 people and is listed on the New York Stock Exchange . Globally , our insurance broking operation has a presence in over 140 countries . In Australia and New Zealand , AJG has specialists in the Oil and Gas industry based in Perth providing a high level of expertise in this speciality field . Clients benefit from our ability to draw on international centres of excellence in London , Tokyo , Houston , Calgary and Singapore to access markets and enable us to meet the full range of client needs . Through our global reach and technical specialisation , our specialist team have access to bespoke and exclusive insurance solutions to assist clients .
Website : www . ajg . com . au
ARTHUR J . GALLAGHER ( AJG )
www . tagoil . com 89