October 31, 2016 / 2:17 PM / in a year

BRIEF-Tag Oil announces definitive agreement to acquire assets located in Australia's Surat Basin

Oct 31 (Reuters) - Tag Oil Ltd :

* Tag Oil announces definitive agreement to acquire assets located in Australia’s Surat Basin

* Tag will acquire a 100% right, title and interest in PL17 and all related assets for consideration of AUD$2,500,000,

* PL 17 covers 104 km (25,700 acres) in Surat Basin, which is one of Australia’s oldest producing basins Source text for Eikon: Further company coverage:

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