April 27, 2024

Tag Oil profits rise to $268,499 in Q1

VANCOUVER - Junior oil producer Tag Oil Ltd. (TSX:TAO) rose to a profit in the first-quarter helped by stronger production revenues.The Vancouver-based company, which focuses on operations in New Zealand, said that net income increased to $ 268,499 versus a loss of $ 156,578 in the same period a year ago.Production revenue increased to $ 5.9 … [Read more...]