Tanganyika Oil Company Ltd.
TSX VENTURE : TYK

Tanganyika Oil Company Ltd.

October 18, 2005 12:35 ET

Tanganyika Appoints Arlene Weatherdon as CFO

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 18, 2005) - Tanganyika Oil Company Ltd. (the "Company" or "Tanganyika") (TSX VENTURE:TYK)(Nya Marknaden:TYKS) is pleased to announce the appointment of Ms. Arlene Weatherdon as Chief Financial Officer of the Company. Ms. Weatherdon has an extensive background in the area of finance, having played a key role taking NAL Oil and Gas Trust public as CFO. NAL Oil and Gas Trust is one of the pioneers in the Canadian oil and gas trust sector, and today is one of the largest trusts. She was also the CFO at S.I. Systems Ltd. and was Audit Manager at Ernst & Yong International. Ms. Weatherdon is a Chartered Accountant and a graduate of the University of Calgary.

Tanganyika Oil is a Canadian oil and gas company with production and exploration assets in Egypt and Syria. Its shares are traded on the TSX Venture Exchange and Swedish Depository Receipts trade on the Nya Marknaden of the Stockholm Stock Exchange.

ON BEHALF OF THE BOARD

Gary S. Guidry, President and C.E.O.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Tanganyika Oil Company Ltd.
    Sophia Shane
    Corporate Development
    (604) 689-7842
    (604) 689-4250 (FAX)
    www.tanganyikaoil.com