TAG Oil Names MCorp. as Communications Consultancy and Agency of Record
January 06 2006 - 5:59PM
PR Newswire (US)
Expanded Relationship to Include Investor and Media Relations
Counsel, Strategic Planning, and Corporate Communications CALGARY,
Alberta, Jan. 6 /PRNewswire-FirstCall/ -- Independent Canadian oil
and gas exploration company TAG Oil (OTC Bulletin Board: TAGOF;
TSX-V: TAO) announced today that is has retained MCorp., a San
Francisco Bay Area-based strategic brand and marketing consultancy,
as its media, investor and corporate communications agency of
record. According to Drew Cadenhead, CEO of TAG Oil, "We're pleased
to expand our relationship with MCorp. After a thorough review of
more traditional investor relations firms, we made the decision to
choose a consulting firm that understands all aspects of our
business, including the importance of business strategy, investor
and corporate communications, and the role technology plays in
accessing and presenting information related to TAG Oil's
operations. Their proven ability to both quantify the value and
improve the performance of our communications was also an important
factor in our choice." MCorp. will provide additional investor and
media relations services for the Company, as well as strategic
planning and corporate communications. MCorp. has been engaged for
twelve months, receiving a monthly retainer of $6,250 plus
expenses, and fees for additional initiatives as strategy dictates.
"TAG Oil understands the dynamics of exploration in the
international energy market," says Michael Hinshaw, Managing
Partner of MCorp., "and 2006 promises to be an exciting year, as
TAG continues to expand its drilling program in New Zealand." TAG
currently has several drillable exploration prospects in its
portfolio, and anticipates drilling four wells in the Taranaki
Basin and one in the Canterbury Basin over the next 12 months, in
addition to flow-testing of the Supplejack wells in PEP's 38741 and
38765. "MCorp. has proven that they understand the true meaning of
communications for our shareholders -- keeping them informed, and
helping to clarify the sometimes complex data that highly active
junior oil and gas explorations like ours generate" stated Mr.
Cadenhead. More information about TAG Oil is available online at
http://www.tagoil.com/. More information about MCorp. can be found
at http://www.mcorponline.com/. About TAG Oil: TAG Oil Ltd.
(http://www.tagoil.com/) is an independent Canadian oil and gas
exploration company with a well-balanced portfolio of world-class
assets in and around the Canterbury and Taranaki basins of New
Zealand. This regional focus supports the Company's mandate to
explore in countries with low political risk and low government
taxation, through the establishment of a portfolio of both high
risk/high reward exploration projects and low risk/moderate reward
acreage in producing basins. With exploration permits totaling
4,052,891 gross acres (net 1,500,330) TAG Oil is one of the largest
holders of prospective acreage in New Zealand. TAG Oil trades on
the TSX Venture Exchange with the ticker symbol TAO, and on the
OTCBB with the symbol TAGOF. About MCorp. MCorp.
(http://www.mcorponline.com/), a wholly-owned subsidiary of The
Innes Group, Inc., a California Corporation, is a strategic brand
and marketing consultancy focused on increasing brand and marketing
performance for its clients. Built on two decades of expertise in
the disciplines of research, strategic planning, branding and
integrated marketing communications, MCorp. develops actionable
solutions that inform and motivate target audiences. Known for its
blend of strategy, creativity, results and performance measurement,
MCorp. drives acquisition, retention and loyalty throughout the
customer relationship lifecycle. Representative clients range from
funded start-ups to the Fortune 500, and include organizations such
as Comerica Bank, Novell, GE, Fireman's Fund, British Telecom and
Wells Fargo. Recognized for both strategic and creative excellence
by dozens of organizations including the Direct Marketing
Association's ECHO award, the Western Art Directors Club and Print
Magazine, MCorp. professionals work from offices in the San
Francisco Bay Area and Portland, Oregon. Currently, principals of
MCorp. control 26,000 shares in TAG Oil. Employees may also own,
buy and sell securities of the Company. Forward Looking Statements:
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. Actual results may
vary materially from the information provided in this release. As a
result there is no representation by TAG Oil that actual results
realized in the future will be the same in whole or in part as
those presented herein. Actual results may differ materially from
the results predicted, and reported results should not be
considered as an indication of future performance. Factors that
could cause actual results to differ from those contained in the
forward-looking statements are set forth in filings that the
Company has made, including the Company's most recent reports in
Canada under National Instrument 51-102 and in the United States
under Forms 20-F and 6K. The TSX Venture Exchange has not reviewed
and does not accept responsibility for the adequacy or accuracy of
this release. DATASOURCE: TAG Oil Ltd. CONTACT: Jeanette Long of
MCorp., 1-866-526-2650, ext. 710, or Web site:
http://www.mcorponline.com/ Web site: http://www.tagoil.com/
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