26 February 2015

                          TANGIERS PETROLEUM LIMITED

                        Change of Company Name and Code

As approved at the general meeting of shareholders on 12 February 2015,
Tangiers Petroleum Limited wishes to advise of its change of name to 88 Energy
limited.

The Australian Securities and Investments Commission recorded the change of
name on 26 February 2015.

For ASX purposes, the effective date for the Company name and AIM code change
will be on or around 3 March 2015. On that date, the AIM code will change from
"TPET" to "88E".

DAVID WALL
Managing Director

Tangiers Petroleum Limited
Level 2, 5 Ord Street
West Perth WA 6005, Australia
Ph: + 61 8 9485 0990

www.88energy.com.au

Contacts

RFC Ambrian Limited
As Nominated Adviser
Mr Oliver Morse
+61 8 9480 2500