Tanganyika Oil Company Ltd. ("Tanganyika" or the "Company") (TSX
VENTURE:TYK)(OMX:TYKS) is pleased to announce that the interim report for the
second quarter of the financial year 2008 will be published on August 14, 2008.


The Company will hold a telephone conference with an interactive presentation at
15:00 CET (09:00 AM EST) August 14, 2008. 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): +1 718 354 1387

Call-in number for the conference call (Europe): +46(0)8 5352 6408

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


www.livemeeting.com/cc/premconfeurope/join?id=3668945&role=attend&pw=pw2637

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

Meeting ID: 3668945

Meeting Password: pw2637

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 August 20, 2008.


Replay number in Europe is: +46 (0)8 5876 9441 and in North America: +1 718 354 1112

To access the recording, please enter access code: 3668945#

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".


Forward-looking statements: This press release contains statements about
expected or anticipated future events and financial results that are
forward-looking in nature and, as a result, are subject to certain risks and
uncertainties, such as general economic, market and business conditions, the
regulatory process and actions, technical issues, new legislation, competitive
and general economic factors and conditions, the uncertainties resulting from
potential delays or changes in plans, the occurrence of unexpected events and
management's capability to execute and implement its future plans. Actual
results may differ materially from those projected by management.
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