Tanganyika Oil to Release First Quarter Results Wednesday May 14, 2008

Tanganyika Oil Company Ltd. (the "Company") (TSX VENTURE:TYK)(OMX:TYKS)
announces that the interim report for the first quarter of the financial year
2008 will be published on the 14th of May.


The Company will hold a telephone conference with an interactive presentation at
14:30 CET (08:30 AM EST) May 15. Gary S. Guidry, President and CEO of Tanganyika
Oil will host the call and Ian Gibbs, CFO, will be available to comment on the
report.


Please call in 10 minutes before the conference starts and stay on the line (an
operator will be available to assist you).


Call-in number for the conference call (North America): [phone]

Call-in number for the conference call (Europe): [phone]

To take part in the interactive presentation, please log on using the following
direct link:


www.livemeeting.com/cc/premconfeurope/join?id=7468474&role=attend&pw=pw5881

Or visit the website www.euvisioncast.com and login using the following:

Meeting ID: 7468474

Meeting Password: pw5881

The presentation slideshow will be available in PDF format for download from the
Tanganyika Oil website: www.tanganyikaoil.com.


A replay of the telephone conference will be available approximately one hour
after the completion of the conference and until May 21, 2008.


Replay number in Europe is: [phone] and in North America: [phone]

To access the recording, please enter access code: 7468474#

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 and its Swedish Depository Receipts trade on OMX Nordic Exchange.