DRILLING

Tag set for Cheal drilling

NEW Zealand-focused Canadian junior TAG Oil will start drilling the first of several wells targeting increased production and reserves growth from the onshore Taranaki Cheal oil field next week.

Vancouver-headquartered TAG is hoping to spud the shallow Cheal-B4ST well, a sidetrack to the 2007 Cheal-B4 well, in about six days or so. "We are waiting for the NRG Rover rig to be released; it should...

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