BRIEF-Tag Oil reports q1 rev. Of $5.8 million from $5.0 million

Mon Aug 15, 2016 9:14am EDT
 
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Aug 15 (Reuters) - Tag Oil Ltd :

* Tag Oil reports q1 2017 results and updates recent activities

* Revenue from oil and gas sales increased by 16% for quarter ended june 30, 2016 to $5.8 million from $5.0 million for quarter ended march 31, 2016

* Average net daily production decreased by 2% for quarter ended june 30, 2016 to 1,222 boe/d (76% oil) from 1,251 boe/d Source text for Eikon: Further company coverage: