TAG Oil Ltd (TSE:TAO)’s share price reached a new 52-week low on Monday . The stock traded as low as C$0.41 and last traded at C$0.42, with a volume of 109610 shares changing hands. The stock had previously closed at C$0.42.

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TAG Oil Company Profile

TAG Oil Ltd. engages in the exploration, development, and production of oil and gas. The company operates eight exploration and production permits in New Zealand; and an exploration and production permit in Australia. It holds interests in the Taranaki basin located in New Zealand; and a 100% interests in the Petroleum Lease 17 permit that covers 25,700 acres area, which is located in the Surat Basin in Australia.

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