TAG Oil Announces Election of Board of Directors

VANCOUVER, Nov. 1, 2016 /CNW/ - Oil and gas exploration and production company, TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF, "TAG"), is pleased to announce the results from its 2016 annual general meeting of shareholders (the "Meeting") held in Vancouver, B.C. on October 31, 2016. All six of the nominees listed in TAG's management information circular dated September 27, 2016, 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 TAG's shareholders or until their successors are elected or appointed.

The results of the vote on the election of the directors at the Meeting are as follows:

Nominee	Votes For	Votes Withheld
Toby Pierce	15,487,674	198,795
Alex Guidi	15,483,387	203,082
Keith Hill	15,532,673	153,796
Brad Holland	15,566,898	119,571
Ken Vidalin	15,540,900	145,569
David Bennett	15,461,686	224,783

About TAG Oil Ltd.

TAG Oil Ltd. (http://www.tagoil.com/) is a development-stage oil and gas company with extensive operations, including production infrastructure in the Taranaki Basin region of New Zealand. As one of New Zealand's leading operators, TAG is positioned for long-term reserve-based growth with attractive exploration activities in the lightly explored Taranaki-region discovery fairway. As a low cost, high netback oil and gas producer, TAG is debt-free and reinvests its cash flow into development opportunities and step-out drilling along trend with the Company's existing production. 

SOURCE TAG Oil Ltd.

Chris Beltgens, Vice President, Corporate Development, Phone: [phone], Email: [email protected], Website: http://www.tagoil.com/, Blog: www.tagoil.com/media-center/tag-oil-blog/