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Toby Pierce, CEO of TAG Oil, details the company's exciting breakthrough in the Western Desert of Egypt, where their latest horizontal well drilling, expected to produce over 1,000 barrels per day, marks a significant advancement in their unconventional resource play. With a market cap of US$85 million, TAG Oil underscores the importance of this project through an RPS number, attributing over US$420 million in contingent resource value across 20 locations on its acreage. Pierce highlights the strategic and technical aspects of this achievement, the company's efficient production methods, and its seamless integration with existing infrastructure. He also sheds light on TAG Oil's future prospects, including exploring additional acreage in Egypt and Oman, offering investors and industry enthusiasts a glimpse into the company's growth strategy and the potential challenges and opportunities that lie ahead.

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