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TAG Oil Provides Update on Corporate Activities

TAG Oil Ltd. (“TAG Oil” or the “Company”, TSXV: TAO and OTCQX: TAOIF) is pleased to provide the following update on its activities to acquire certain assets in Egypt and the wider Middle East and North Africa (“MENA”) region. TAG Oil is continuing to pursue several acquisition projects in Egypt and explore other strategic opportunities in the MENA area. While significant progress has been made on these efforts by the Company, TAG Oil expects that more time will be required to complete one or more of these acquisitions. Further information on these efforts will be provided by TAG Oil in due course. Toby Pierce, CEO