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TAG Oil Begins Trading on OTCQX International in the United States
Published : April 06, 2011
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VANCOUVER, April 6 /CNW/ - TAG Oil Ltd. (TSX-V: TAO) and (OTCQX: TAOIF) is pleased to report the company's common shares have been called to trade on the premier tier of the OTC market in the United States, the OTCQX International. The trading symbol is TAOIF.

The OTCQX platform is a highly visible electronic quotation and trading venue in the United States where qualifying companies can enjoy the benefits of increased international exposure without becoming a reporting company with the Securities & Exchange Commission under U.S. securities laws. Trading on the OTCQX International is available to international issuers such as TAG Oil whose shares meet clear quantitative standards, and currently trade on a qualifying foreign stock exchange.

Berenbaum Weinshienk PC will serve as TAG Oil's Principal American Liaison on OTCQX International, and will be responsible for providing guidance on OTCQX requirements and compliance with U.S. securities laws.

The OTCQX trading platform provides TAG Oil with exposure to both institutional and retail investors through major online and full-service brokerage firms that facilitate trades through OTCQX International. Trades are settled and cleared in the United States similar to any NASDAQ or NYSE stock, and trade reports are disseminated through major financial data providers.

To view TAG Oil Ltd. on the OTCQX please visit: http://www.otcmarkets.com/stock/TAOIF/quote

TAG Oil Ltd.
TAG Oil Ltd. (http://www.tagoil.com/) is a Canadian-based production and exploration company with operations focused exclusively in New Zealand. With 100% control over all its core assets, including oil and gas production infrastructure, TAG is anticipating substantial oil and gas production and reserve growth through development of several light oil and gas discoveries. TAG is also actively drilling high-impact exploration prospects identified across 3,500 sections of land onshore in the lightly explored Taranaki and East Coast Basins of New Zealand's North Island.

In the East Coast Basin, TAG Oil has demonstrated and is pursuing the significant unconventional resource potential estimated in the fractured shale source-rock formations that are widespread over the Company's acreage. These oil-rich, naturally fractured and thermally mature source-rock formations have many similarities to North America's Bakken Shale source-rock formation in the successful Williston Basin.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information:

Contact:
Dan Brown or Garth Johnson, TAG Oil Ltd. 1-604-682-6496
Website: http://www.tagoil.com/

Tag Oil Ltd.

CODE : TAO.V
ISIN : CA87377N2005
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Tag Oil est une société d’exploration minière de pétrole basée au Canada.

Tag Oil est cotée au Canada. Sa capitalisation boursière aujourd'hui est 15,5 millions CA$ (11,4 millions US$, 10,3 millions €).

La valeur de son action a atteint son plus bas niveau récent le 24 décembre 2008 à 0,03 CA$, et son plus haut niveau récent le 04 février 2011 à 7,45 CA$.

Tag Oil possède 59 533 000 actions en circulation.

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Projets de Tag Oil Ltd.
18/05/2011Reports Substantial Year-End Reserve Increase to its Taranak...
Communiqués de Presse de Tag Oil Ltd.
05/07/2011Graduates to Canada's Senior Stock Exchange; Experienced Oil...
23/06/2011Sidewinder-2 Discovery Well Flows at 1467 Barrels of Oil Equ...
09/06/2011Strong Flow Test Results for TAG Oil's Sidewinder-4 well, Si...
07/06/2011Cheal-C1 Well Extends Known Mt. Messenger Oil Saturation Are...
02/06/2011Reports Strong Flow Test at Sidewinder-3 Discovery, and On-T...
31/05/2011Announces Strong Flow Test Result From Multiple Zone Oil Dis...
06/05/2011Announces Fifth Exploration Discovery: Sidewinder-4 Well Str...
08/04/2011Sidewinder-3 Exploration Well Strikes Light Oil & Gas in Tar...
06/04/2011Begins Trading on OTCQX International in the United States
14/03/2011Announces its Third New Light Oil and Gas Discovery in Five ...
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