VANCOUVER, BC, Feb. 22,
2023 /CNW/ - TAG Oil Ltd. (TSXV: TAO) (OTCQX:
TAOIF) ("TAG Oil" or the "Company") is pleased
to announce that it has earned a spot on the 2023 TSX Venture 50
list. The annual ranking comprises the top 10 performing companies
from the past year on the TSX Venture Exchange across five
sectors: energy, mining, clean technology and life sciences,
diversified industries, and technology.
Based on the Company's performance across three key indicators:
market capitalization growth, share price appreciation, and trading
volume, TAG Oil ranked #6 on the energy sector list.
TAG Oil's CEO, Toby Pierce,
stated "We are proud to have earned a TSX Venture top 50 ranking.
In the past twelve months we have made significant progress as a
company and as operations are progressing in the BED-1 oil field in
Egypt, we will continue to execute
on our growth strategy including our first horizontal well in the
second quarter."
For more information on 2023 TSX Venture 50 list, visit:
tsx.com/Venture50.
About TAG Oil Ltd.
TAG Oil (http://www.tagoil.com/) is a Canadian based
international oil and gas exploration company with a focus on
operations and opportunities in the Middle East and North Africa.
Neither the TSX-V nor its Regulation Services Provider (as
that term is defined in the policies of the TSX-V) accepts
responsibility for the adequacy or accuracy of this
release.
Forward-Looking Statements and
Disclaimer
Statements contained in this news release that are not
historical facts are forward-looking statements that involve
various risks and uncertainty affecting the business of TAG Oil.
All estimates and statements that describe the Company's operations
are forward-looking statements under applicable securities laws and
necessarily involve risks and uncertainties. Actual results may
vary materially from the information provided in this release, and
there is no representation by TAG Oil that the actual results
realized in the future will be the same in whole or in part as
those presented herein. TAG Oil undertakes no obligation, except as
otherwise required by law, to update these forward-looking
statements if management's beliefs, estimates or opinions, or other
factors change.
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SOURCE TAG Oil Ltd.