Apache made a country entry last year by agreeing to spend up to $100 million in Tag’s exploration permits PEP 38348, PEP 38349 and PEP 50940, which the pair believe could see “a game-changing tight-oil exploration programme targeting massive oil-in-place reserves”.
Apache said last week that it expects this year to drill its first four wells “targeting our new onshore unconventional play”.
Tag
