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TAG Oil Reports Q2 2021 Results
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VANCOUVER, BC, Nov. 16, 2020 /PRNewswire/ - TAG Oil Ltd. ( TAG Oil or the Company ) (TSXV: TAO) (OTCQX: TAOIF) is pleased to report the filing of its second quarter results for the interim period ending September 30, 2020. Highlights over the period include:
At September 30, 2020, the Company had C$15.1 million (June 30, 2020: C$15.0 million) in cash and cash equivalents and C$17.6 million (June 30, 2020: C$17.4 million) in working capital. The Company has no debt.
Capital expenditures totaled C$0.05 million for the quarter ended September 30, 2020, compared to C$0.10 million for the quarter ended June 30, 2020. Most of the expenditures during the quarter related to the ATP 2037/2038 seismic acquisition program for 2021.