Tanager has moved into the US oil and gas market with an asset purchase for a 50% interest in certain lease holdings, including well lease holdings, and a 50% participation right in a 200,000 acre (312.5 square mile) block in Polk County and Tyler County, Texas. Prospective formations include the Eagle Ford, Woodbine and Yegua sandstones. In 2017, the Company drilled and completed 5 successful Yegua wells in Polk County, Texas. Two natural gas wells commenced production in September 2017 and the remaining 3 wells await completion of connection to pipelines in 2018. Tanager continues to evaluate new financing alternatives and opportunities to acquire and develop new oil and gas prospects utilizing modern horizontal well, multi-stage fracking technology.
Our Joffre well has been in continuous production since installation of a hydraulic pumping unit in the summer of 2016. Successful continuous oil production is an encouraging result that supports our initial evaluation of the Joffre project.
August 29, 2018
August 29, 2018
April 9, 2018
March 28, 2018
IIROC Trading Halt - TAN
March 27, 2018
November 6, 2017
Raptor A #1 Drillsite, Polk County, Texas
TANAGER ENERGY INC. is a small-cap Canadian oil and gas company headquartered in Calgary, Alberta, with executive offices in Houston, Texas. The company is active in oil and gas exploration and development in Western Canada and Texas. Tanager is publicly traded and listed on the TSX Venture Exchange under the symbol "TAN" and on the OTCQB® Venture Market under the symbol “TANEF”.