Tanganyika Oil Company Ltd. ("Tanganyika") (TSX VENTURE:TYK)(OMX:TYKS) reports
that it has granted 200,000 incentive stock options to an officer of the
Company. The options are exercisable, subject to vesting provisions, over a
period of five years at a price of Cdn $16.97.


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".


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