Oil Company News Directory

TAG Oil Increases Net Daily Production

TAG Oil Ltd. (TSX:TAO,OTCQX:TAOIF) announced its results for the first fiscal quarter of 2015, commenting that it achieved average net daily production of 1,750 boe (74 percent oil), an 18-percent increase from the previous quarter.

Simba Energy Closes Private Placement

Simba Energy Inc. (TSXV:SMB,FWB:GDA,OTCQX:SMBZF) increased its non-brokered private placement to up to 4,118,009 units. The units will be offered at a price of C$0.06 per unit to raise gross proceeds of C$3,247,080.