VANCOUVER,
Oct. 7, 2013 /PRNewswire/ - TAG Oil
Ltd. (TSX: TAO) and (OTCQX: TAOIF), announces the appointment of
Mr. Chris Ferguson as its Chief
Financial Officer ("CFO"), replacing Mr. Blair Johnson. Mr. Ferguson will be joining the
TAG team in its New Plymouth headquarters commencing on
December 1, 2013.
Mr. Ferguson is a qualified Chartered Accountant who holds a
Bachelor of Management Studies in Accounting and has 18 years of
financial, accounting and operational experience in both the public
and private sectors. For the past fourteen years, Mr. Ferguson has
built up extensive oil and gas experience within the Taranaki
Basin, having held senior financial positions with both local and
international exploration and production companies.
Recently, Mr. Ferguson spent five years working with Origin
Energy New Zealand as their Finance and Planning Manager, where he
was leading the financial planning, accounting, tax and production
accounting functions which included the implementation of strategic
plans, executing supplier contract strategies and managing
contractor performance.
In his position as TAG's CFO, Mr. Ferguson will be responsible
for TAG's finances and working with the New Zealand team to execute all operational
strategies and development, as well as leading the accounting and
risk management team.
TAG CEO, Garth Johnson commented,
"Blair has contributed diligently to TAG's success over the past
ten years, however TAG's rapid growth in Taranaki has created a
need for our CFO to reside within the New Plymouth office on a
full-time basis to work with our operations team daily. Chris'
strong financial background makes him a great candidate for TAG,
and his knowledge of the New
Zealand oil and gas business and Canadian regulatory
reporting makes for a great fit. We look forward to working with
Chris as TAG continues to be the most active driller in
New Zealand. At the same time, we
appreciate Blair's hard-work and dedication to TAG over the years,
and we wish him the best in his future endeavours."
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% ownership over all its core assets, including extensive oil
and gas production infrastructure, TAG is enjoying substantial oil
and gas production and reserve growth through development and
apprasil of several oil and gas discoveries. TAG is also actively
drilling high-impact conventional and unconventional exploration
prospects identified across more than 2,669,780 net acres of land
in New Zealand.
SOURCE TAG Oil Ltd.