Ashley Garnot

 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 that it has filed a preliminary short form prospectus (“Preliminary Prospectus”) with the securities commissions in all provinces of Canada, except Québec, in connection with an overnight marketed public offering (the “Offering”) of units of the Company (the “Units”) at a price of $0.21 per Unit for aggregate gross proceeds of C$10,000,000.  Certain members of management and directors of the Company intend to participate alongside investors in the Offering.  The Offering is being led

TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: TOP) (“TAG Oil” or the “Company”) would like to provide the following updates: CURRENT OPERATIONS – Badr Oil Field (“BED-1 Concession”) Production from the BED4-T100 (“T100”) horizontal well is averaging 200 barrels of fluid per day and 35 percent water. Operation of the T100 well has been intermittent for the last two months as the reservoir extent was assessed through pressure build-up analysis and the lift system optimized. The T100 well initially produced under natural flow and subsequently with a jet pump to recover the large volumes of fracture fluid containing

TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: TOP) (“TAG Oil” or the “Company”) is pleased to report the filing of its financial results for the interim period ending June 30, 2024. A copy of TAG Oil’s financial statements and management discussion and analysis for the interim period ending June 30, 2024, are available on SEDAR+ (www.sedarplus.ca) and on the Company’s website (http://www.tagoil.com/). Financial highlights over the period include that the Company had C$7.7 million (March 31, 2024: C$12.7 million) in cash and cash equivalents and C$7.3 million (March 31, 2024: C$9.4 million) in working capital and has no

TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: TOP) (“TAG Oil” or the “Company”) announced today that it is continuing to produce oil and unload fracture fluid from the BED4-T100 (“T100”) horizontal well in the Badr-1 Oil Field in the Western Desert of Egypt, and has commenced shipping the crude oil for further treating and handling. The current T100 oil production is 400 barrels of oil per day, and associated gas-oil ratio is 150 standard cubic feet per barrel. Production rates represent approximately 130 barrels of oil per day per 100 meters of lateral horizontal length completed in the

TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: TOP) (“TAG Oil” or the “Company”) is pleased to report the filing of its financial results for the interim period ending March 31, 2024. A copy of TAG Oil’s financial statements and management discussion and analysis for the interim period ending March 31, 2024, are available on SEDAR+ (www.sedarplus.ca) and on the Company’s website (http://www.tagoil.com/). Highlights over the period include that the Company had C$12.7 million (December 31, 2023: C$16.4 million) in cash and cash equivalents and C$9.4 million (December 31, 2023: C$12.2 million) in working capital and has no debt.

TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: TOP) (“TAG Oil” or the “Company”) is pleased to announce that the initial flow-back operation at the BED4-T100 (“T100”) horizontal well has been completed. The workover rig has been mobilized to the T100 well location to swap the 4 ½” frac tubing with 3 ½” production tubing, install a jet pump for artificial lift, and immediately put the well on long term production. The Company anticipates announcing a 10-day initial production average in the second half of June, which will indicate actual productivity potential for the T100 well. Mr. Toby Pierce,

TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: TOP) (“TAG Oil” or the “Company”) is pleased to announce initial production test results on its BED4-T100 (“T100”) horizontal well, which tested at 800 barrels of oil per day (“BOPD”). The T100 well has demonstrated encouraging results following a multi-stage hydraulic fracture stimulation targeting the Abu-Roash “F” (“ARF”) tight carbonate reservoir in the Badr Oil Field (“BED-1”) in the Western Desert of Egypt. During the clean-up phase post-stimulation, the T100 well flowed at rates exceeding 1,000 barrels of fluid per day. By the conclusion of the production test, the water-cut had

TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: TOP) (“TAG Oil” or the “Company”) is pleased to report the filing of its financial results for the fiscal year ending December 31, 2023. A copy of TAG Oil’s financial statements, management discussion and analysis, and annual information form for its most recently completed financial year are available on SEDAR+ (www.sedarplus.ca) and on the Company’s website (http://www.tagoil.com/).  Highlights over the period include that the Company had C$16.4 million (March 31, 2023: C$19.5 million) in cash and cash equivalents and C$12.2 million (March 31, 2023: C$21.6 million) in working capital and has

TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: TOP) (“TAG Oil” or the “Company”) is pleased to announce that it has successfully pumped all twelve planned stages of its multistage hydraulic frac on its BED4-T100 (“T100”) well location. Stages one through three, which are located across the heavily fractured and more permeable section of the well, received a concentrated acid stimulation while stages four through twelve were mechanically fracture stimulated with proppant. At least 50 tonnes of sand were used per stage in the mechanically propped fracture stages with over 1,000,000 pounds successfully pumped across the 308-metre lateral section.

TAG Oil Ltd. (TSXV: TAO and OTCQX: TAOIF) (“TAG Oil” or the “Company”) is pleased to announce that completion and multistage hydraulic fracture equipment, personnel, camp and natural frac sand have been mobilized to the BED4-T100 (“T100”) well location. Additionally, static reservoir pressure and temperature measurements were performed to optimize the simulation model and completion design of the T100 well. Large-scale completion equipment for the region with frac head, sand conveyor and connecting lines to treatment fluid are rigged up on the T100 location. Plans to start the fracture treatment is on schedule for approximately April 15, with treatment duration