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TAG Oil Provides Financial Results for Q1 2025

TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: T0P) (“TAG Oil” or the “Company”) is pleased to report the filing of its financial results for the interim period ending March 31, 2025. A copy of TAG Oil’s financial statements, and management discussion and analysis for the interim period ending March 31, 2025, are available on SEDAR+ (www.sedarplus.ca) and on the Company’s website (http://www.tagoil.com/).   On March 31, 2025, the Company had C$3.2 million in cash and cash equivalent and $5.0 million in working capital, compared to December 31, 2024, of $6.6 million in cash and cash equivalents and $5.0

TAG Oil Comments on Recent Market Activity

TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: T0P) (“TAG Oil” or the “Company”) announces that it is not aware of any material undisclosed information related to the Company that would account for the recent market activity leading to downward pressure on its share price.   As previously disclosed, the Company is progressing the acquisition of a strategic 512,000-acre concession in the Western Desert, Egypt. This acquisition is expected to significantly expand TAG Oil’s acreage position and enhance its operational footprint in the region for both conventional oil and gas reservoirs, and the unconventional Abu Roash “F” (ARF) oil resource

TAG Oil Provides Operations Update and Results for Financial Year End

TAG Oil Provides Operations Update and  Results for Financial Year End TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: T0P) (“TAG Oil” or the “Company”) is pleased to announce the following operations and financial update: Production from the BED4-T100 (“T100”) horizontal well and the BED 1-7 vertical well at the Badr Oil Field (“BED-1”) located in the Western Desert of Egypt, averaged 102 barrels of oil per day (“bopd”) from T100 and 85 bopd from BED 1-7 in the fourth quarter of 20241. Current production in the first quarter of 2025 averaged 130 bopd from both wells1. Cumulative production

TAG Oil Closes the Sale of its New Zealand Royalty Interests

TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: T0P) (“TAG Oil” or the “Company”) is pleased to announce that it has closed the sale of its 2.5% gross overriding royalty on production from PMP 38156 (Cheal and Cardiff), PMP 53803 (Sidewinder), PMP 60454 (Supplejack), PEP 51153 (Puka), and PMP 60291 (Cheal East) (the “Permits”) to Kiwi Royalty Limited (the “Transaction”), which was previously announced on April 8, 2025.  Under the terms of the definitive asset sale and purchase agreement dated April 7, 2025, the Company received a cash payment of US$2,200,000, which sum included a non-refundable deposit of US$50,000,

TAG Oil Signs Definitive Agreement to Sell its New Zealand Royalty Interests

TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: T0P) (“TAG Oil” or the “Company”) is pleased to announce that certain of its New Zealand subsidiaries have entered into a definitive asset sale and purchase agreement dated April 7, 2025 (the “Agreement”), for the sale of its New Zealand royalty interests to an arm’s length party (the “Transaction”).   Under the terms of the Agreement, the Company will receive up to US$2,500,000, comprising a cash payment of US$2,200,000 at closing, which sum includes a non-refundable deposit of US$50,000, and up to an additional US$300,000 in milestone payments on or before December

TAG Oil Provides Update on Corporate Initiatives

TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: T0P) (“TAG Oil” or the “Company”) is pleased to provide an update on its ongoing corporate initiatives.   New Zealand Royalty Sale TAG Oil has received expressions of interest from multiple parties to acquire its New Zealand royalty interests. Interested parties are in the final stages of due diligence and are expected to submit binding offers on or before March 31, 2025, addressing all commercial terms for a definitive sale and purchase agreement. BED-1 Concession Several strategic international industry partners have signed non-disclosure agreements with TAG Oil, providing them with access to

TAG Oil Announces Director Resignation

TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: T0P) (“TAG Oil” or the “Company”) announces today that Mr. Toby Pierce has resigned as a director of the Company, effective January 6, 2025, and Mr. Pierce will also resign as a director of its subsidiaries in a timely manner, to focus on his other professional commitments. Mr. Pierce has been a director of the Company since June 1, 2015. Abby Badwi, TAG’s Executive Chairman and CEO, stated, “We would like to thank Toby for his valuable contributions as a director of TAG Oil throughout his tenure. On behalf of the