Tanganyika Files Audited Year End 2007 Financial Statements, Annual Information Form and Notice of AGM to Be Held on April 24, 2

Tanganyika Oil Company Ltd. (the "Company") (TSX VENTURE:TYK)(OMX:TYKS) reports
that it has filed today the Company's Annual Information Form, Audited 2007 Year
End Financial Statements and Notice of Annual General and Special Meeting to be
held April 24, 2008 in accordance with Canadian securities regulations. Copies
of these documents may be obtained through SEDAR at www.sedar.com.


The Annual General and Special Meeting will be held in the President's Room at
the Calgary Petroleum Club, 319 - 5th Avenue S.W., Calgary, Alberta, on
Thursday, the 24th day of April, 2008 at 3:00pm. (Calgary time) for the
following purposes:


- To receive and consider the audited financial statements of the Corporation
for the year ended December 31, 2007, and the report of the auditor thereon.


- To fix the Board of Directors of the Corporation at seven (7) members.

- To elect directors to hold office until the next Annual Meeting of the
Corporation.


- To appoint PricewaterhouseCoopers LLP, Chartered Accountants, Calgary Alberta,
as the auditors for the Corporation to hold office until the next Annual
Meeting, at a remuneration to be fixed by the directors of the Corporation.


- To consider and, if thought appropriate, approve a resolution in the form set
forth in the Information Circular authorizing a new Stock Option Plan of the
Corporation.


- To consider amendments to or variations of any matter identified in this
Notice of Meeting.


- To transact such further or other business as may properly come before the
meeting and any adjournment thereof.


Tanganyika Oil Company Ltd. is a Canadian oil and gas company with production
and exploration assets in Syria. Its shares are traded on the TSX Venture
Exchange under the symbol TYK and its Swedish Depository Receipts trade on the
OMX Nordic Exchange under the symbol "TYKS".