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TAG Oil (TAO) investor relations material
TAG Oil Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Reported financial results for the six-month period ending June 30, 2026, with operational updates on oil production and exploration activities.
Focused on the Badr Oil Field (BED-1) and ongoing exploration in the Western Desert.
Financial highlights
Held C$10.4 million in cash and cash equivalents as of June 30, 2026.
Maintained C$10.3 million in working capital and carried no debt at period end.
Outlook and guidance
Drilling and completion of the T-200 well targeting the Abu Roash "F" formation scheduled for completion by September 30, 2026, with test results expected soon after.
Plans to resubmit a proposal for additional exploration blocks in the Southeast Ras Qattara concession once regulatory changes are enacted.
Actively pursuing new acreage opportunities in the Western Desert prospective for unconventional resources.
- Unconventional oil development in Egypt's Western Desert targets major resource growth.TAO
Corporate presentation - Strong cash position, no debt, and new drilling planned amid ongoing operational risks.TAO
Q1 2026 - Oil sales rose, net loss narrowed, and new financing boosts development in Egypt.TAO
Q4 2025 - Cash declined, oil output steady, and strategic expansion in Egypt and MENA underway.TAO
Q2 2024 - Cash increased, BED-1 output steady, and strategic asset bid in Egypt underway.TAO
Q2 2025 - Q3 2025 featured stable oil output, lower cash, no debt, and a CFO transition.TAO
Q3 2025 - Q3 2024 cash fell to C$4.4M; public offering set for early December amid ongoing exploration risks.TAO
Q3 2024 - Production and cash reserves rose, supporting expansion and strategic acquisition efforts.TAO
Q4 2024 - Q1 2025 featured stable finances, BED-1 output, and progress on Egyptian asset acquisition.TAO
Q1 2025
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