TAG Oil Sells its Australian 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 Australian royalty interests (3.0% gross overriding royalty on future potential of production revenue from exploration permits PL 17, ATP 2037 and ATP 2038) to Cypress Petroleum Pty Ltd., a subsidiary of Omega Oil and Gas Limited (the “Transaction”). Under the terms of the definitive agreement dated June 6, 2025, the Company received a cash payment of US$1,000,000. The Transaction is arm’s length and there was no finder fee payable. Abby Badwi, TAG Oil’s