Ashley Garnot

TAG Oil Ltd. (“TAG Oil” or the “Company”, TSXV: TAO and OTCQX: TAOIF) is pleased to announce that due to strong investor demand it has upsized its previously announced overnight marketed public offering (the “Offering”) of common shares (the “Common Shares”) from $20 million to $22 million in gross proceeds. The Company has entered into an underwriting agreement with a syndicate of underwriters led by Research Capital Corporation, as co-lead underwriter and sole-bookrunner and Echelon Capital Markets, as co-lead underwriter and Tennyson Securities (collectively, the “Underwriters”) for the sale of 55,000,000 Common Shares at a price of C$0.40 per Common Share

TAG Oil Ltd. (“TAG Oil” or the “Company”, TSXV: TAO and OTCQX: TAOIF) is pleased to announce that it has filed a preliminary short form prospectus with the securities commissions in all provinces of Canada, except Québec, in connection with a marketed public offering (the “Offering”) of common shares (the “Common Shares”) in the capital of the Company seeking to raise aggregate gross proceeds of C$20,000,000. Final pricing of the Common Shares and the number of Common Shares to be sold pursuant to the Offering will be determined following marketing and in the context of the market. The Offering will be

TAG Oil Ltd. (“TAG Oil” or the “Company”, TSXV: TAO and OTCQX: TAOIF) is pleased to announce that it was formally awarded a petroleum services agreement (the “PSA”) on September 11, 2022 by Badr Petroleum Company (“BPCO”) to develop the unconventional Abu Roash “F” reservoir (“ARF”) in the Badr Oil Field (“BED-1”), a 107 km2 (26,000 acres) concession located in the Western Desert of Egypt. Over the last several months, TAG Oil completed an evaluation of the data package provided by the Egyptian General Petroleum Corporation (“EGPC”) for BED-1. After extensive negotiations with EGPC, the Company submitted its final letter

TAG Oil Ltd. (“TAG Oil” or the “Company”, TSXV: TAO and OTCQX: TAOIF) is pleased to report the filing of its financial results for the interim period ending June 30, 2022. A copy of TAG Oil’s financial statements and management discussion and analysis for the interim period ending June 30, 2022 are available on SEDAR (www.sedar.com) and on the Company’s website (https://tagoil.com/investors/financial-reports/). Highlights over the period include that the Company had C$13.1 million (March 31, 2022: C$13.3 million) in cash and cash equivalents and C$15.4 million (March 31, 2022: C$15.4 million) in working capital and has no debt. TAG Oil

TAG Oil Ltd. (“TAG Oil” or the “Company”, TSXV: TAO and OTCQX: TAOIF) is pleased to report the filing of its financial results for the fiscal year ending March 31, 2022. A copy of TAG Oil’s financial statements and management discussion and analysis for its most recently completed financial year are available on SEDAR (www.sedar.com) and on the Company’s website (https://tagoil.com/investors/financial-reports/). Highlights over the period include that the Company had C$13.3 million (December 31, 2021: C$14.1 million) in cash and cash equivalents and C$15.4 million (December 31, 2021: C$15.8 million) in working capital and has no debt. TAG Oil continues

TAG Oil Ltd. (“TAG Oil” or the “Company”, TSXV: TAO and OTCQX: TAOIF) is pleased to report the filing of its third quarter results for the interim period ending December 31, 2021. A copy of TAG Oil’s financial statements and management discussion and analysis for its most recently completed interim period are available on SEDAR (www.sedar.com) and on the Company’s website (https://tagoil.com/investors/financial-reports/). Highlights over the period include that the Company had C$14.1 million (September 30, 2021: C$15.2 million) in cash and cash equivalents and C$15.8 million (September 30, 2021: C$15.6 million) in working capital. The Company has no debt and

TAG Oil Ltd. (“TAG Oil” or the “Company”, TSXV: TAO and OTCQX: TAOIF) is pleased to announce the results from its 2021 annual general meeting of shareholders (the “Meeting”) held virtually today. Shareholders voted as follows on the matters before the Meeting. Election of Directors All six (6) of the nominees listed in TAG Oil’s management information circular dated November 5, 2021 that were proposed by management for election to the board of directors at the Meeting were duly elected. The directors will remain in office until the next annual meeting of the Company’s shareholders or until their successors are

TAG Oil Ltd. (“TAG Oil” or the “Company”, TSXV: TAO and OTCQX: TAOIF) is pleased to report the filing of its second quarter results for the interim period ending September 30, 2021. A copy of TAG Oil’s financial statements and management discussion and analysis for its most recently completed interim period are available on SEDAR (www.sedar.com) and on the Company’s website (https://tagoil.com/investors/financial-reports/).  Highlights over the period include that the Company had C$15.2 million (June 30, 2021: C$15.6 million) in cash and cash equivalents and C$15.6 million (June 30, 2021: C$16.3 million) in working capital. The Company has no debt and

TAG Oil Ltd. (“TAG Oil” or the “Company”, TSXV: TAO and OTCQX: TAOIF) is pleased to report the filing of its first quarter results for the interim period ending June 30, 2021. A copy of TAG Oil’s financial statements and management discussion and analysis for its most recently completed interim period are available on SEDAR (www.sedar.com) and on the Company’s website (https://tagoil.com/investors/financial-reports/). Highlights over the period include that the Company had C$15.6 million (March 31, 2021: C$15.9 million) in cash and cash equivalents and $16.3 million (March 31, 2021: C$17.0 million) in working capital. The Company has no debt. TAG

TAG Oil Ltd. (“TAG Oil” or the “Company”, TSXV: TAO and OTCQX: TAOIF) is pleased to report the filing of its annual and fourth quarter results for the fiscal year ending March 31, 2021. A copy of TAG Oil’s financial statements and management discussion and analysis for its most recently completed financial year are available on SEDAR (www.sedar.com) and on the Company’s website (https://tagoil.com/investors/financial-reports/).  Highlights over the period include:  • At March 31, 2021, the Company had C$15.9 (December 31, 2020: C$16.3 million) in cash and cash equivalents and C$17.0 million (December 31, 2020: C$18.8 million) in working capital. The