Ashley Garnot

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 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 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 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 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 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

TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: TOP) (“TAG Oil” or the “Company”) is pleased to announce the following operations update and upcoming development of the Abu Roash “F” (“ARF”) unconventional carbonate reservoir at the Badr Oil Field (“BED-1”) concession in the Western Desert of Egypt and various corporate initiatives.   The BED4-T100 (“T100”) horizontal well continues to produce at an average rate of 100 barrels of oil per day (“BOPD”). The well has been steady, producing for close to 90 days under a rod pumping system. Cumulative gross production to date is in excess of 20,000 bbls

TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: TOP) (“TAG Oil” or the “Company”) announced today the following organizational changes of the Company’s leadership. Namely, Mr. Abdel (Abby) Badwi has been appointed as Executive Chairman and CEO of the Company. Mr. Toby Pierce is stepping down as CEO, effective immediately, to pursue other business opportunities. Mr. Badwi relocated to Cairo, Egypt, last May, where he focused on evaluating the Company’s performance strategies and assembling a skilled team of Egyptian professionals to oversee its operations in the country. This initiative has now been successfully accomplished with the recruitment of a

 NOT FOR DISSEMINATION IN THE UNITED STATES  TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: TOP) (“TAG Oil” or the “Company”) is pleased to announce the closing of its public offering (the “Offering”) of units of the Company (the “Units”) at a price of $0.17 per Unit for aggregate gross proceeds of $6,815,963. The Offering was led by Research Capital Corporation as the lead agentand sole bookrunner, on behalf of a syndicate of agents, including Beacon Securities Limited, Canaccord Genuity Corp., Haywood Securities Inc., Ventum Financial Corp., and Tennyson Securities (collectively, the “Agents”). Each Unit is comprised of one

 NOT FOR DISSEMINATION IN THE UNITED STATES  TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: TOP) (“TAG Oil” or the “Company”) is pleased to report the voting results from its 2024 annual general meeting of shareholders (the “Meeting”) held today in Vancouver, B.C. Shareholders voted as follows on the matters before the Meeting. Fixing the Number and Election of Directors Shareholders fixed the number of directors at six (6), and all six (6) of the nominees listed in TAG Oil’s management information circular dated November 5, 2024, that were proposed by management for election to the board of directors