Point of View: Tag’s Cadenhead praises New Zealand’s potential

New Zealand is an underexplored place where a small company can make a large discovery, opines Drew Cadenhead, president of Tag Oil Ltd.Tag Oil has been in existence 10 years and focused on New Zealand for the last three years.Speaking from his office in New Plymouth, NZ, Cadenhead said Tag Oil has a headquarters in Calgary and raises capital in North America.New Zealand, he said, represents a “unique combination of fiscal, economic, and technical opportunity.” Only 10 fields are producing, but opportunities are everywhere. Click here to enlarge imageA geologist for 25 years in Calgary, Cadenhead took a 3-year contract to explore New Zealand with the former Fletcher Challenge...

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