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Garth Johnson

TAG spuds in first East Coast exploration well near Dannevirke

Company begins controversial programme to seek oil and gas from "unconventional" shale rock formations.

TAG Oil announces four east coast North Island wells

Drilling is scheduled for March or April this year.

Merger signals increasing offshore interest in NZ oil exploration

The merger of two Canadian oil companies with interests in New Zealand indicate the country's major discovery potential.

TAG Oil has merged with Trans-Orient Petroleum Ltd in a major expansion of New Zealand interests, the company says. Trans-Orient Petroleum Ltd shareholders approved the move in September.

The company holds exploration and production rights covering a large area of the East Coast Basin offshore from Taranaki.