8 Apr 2013

Cheal infrastructure expansion completed

7:35 am on 8 April 2013

Tag Oil says its Cheal infrastructure expansion project in Taranaki has been completed.

The Canadian-based exploration company says a $100 million facility allows it to fully commercialise oil and gas from its onshore Taranaki Basin fields, including processing, transporting and marketing it.

Tag bought the remainder of the field from the receivers of Austral Pacific in 2009.