New Zealand-focused oil and gas producer and explorer TAG Oil Ltd (TSX: TAO; OTCQX: TAOIF) has appointed a new director.
Peter Loretto is the new director, and has over 30 years’ experience in investment banking banking and public company work, and operating as an independent businessman and investor both in the US and Canada.
Loretto has been involved with funding and developing numerous companies in the resource and technology sector, including several successful oil and gas exploration and development stage companies.
He has also served as an executive and director for various companies, including Trans-Orient Petroleum Ltd.
Currently, Loretto beneficially owns, or controls, 3,635,872 common shares, 500,000 warrants and 475,000 options of TAG Oil.
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