10:28 AM EDT, 04/10/2024 (MT Newswires) -- TAG Oil ( TAOIF ) was edging up on Wednesday after saying that later this month it will begin hydraulic fracture stimulation of the BED4-T100 Horizontal Well.

The company, which expects to report initial production results in May, said multistage hydraulic fracture equipment, personnel, camp, and natural frac sand have been mobilized to the BED4-T100 well location.

Additionally, TAG Oil ( TAOIF ) said it conducted static reservoir pressure and temperature measurements to optimize the simulation model and completion design of the T100 well.