en.Wedoany.com Reported - TAG Oil's NDC-9 rig is expected to be transported this month to the BED-1 block of the Badr El-Din field in Egypt's Western Desert, in preparation for drilling the T-200 well. Surface wellsite preparation is underway, relevant regulatory approvals have been obtained, and the rig is scheduled to spud in mid-July.

The T-200 well is designed as a vertical well with a planned total depth of approximately 4,250 meters, targeting the Abu Roash F formation. This area features naturally fractured reservoirs, with lighter crude oil encountered in nearby wells. Drilling and completion operations are expected to take approximately 60 days.

TAG Oil Chairman and CEO Abby Badwi stated: "The T-200 well represents the next step in TAG Oil's ongoing evaluation of the ARF formation, and securing the NDC-9 rig is a significant milestone. With wellsite preparation and various activities progressing as planned, we look forward to commencing drilling next month to further assess the production potential of this reservoir."

TAG Oil is a Canada-based international oil and gas exploration company focused on operations in the Middle East and North Africa. The company entered the Egyptian market in 2022 by signing an agreement with the Egyptian General Petroleum Corporation (EGPC) to develop the Badr El-Din field (BED-1) in the Western Desert.The drilling of the T-200 well is a key component of the company's 2026 work program.

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