ASX ANNOUNCEMENT

Tap Oil Limited

ABN 89

068 572 341

Level 2,190 St George's Terrace

16 December 2020

Perth WA 6000

Australia

ASX: TAP

T:

+61

8 9485

1000

F:

+61

8 9485

1060

E:

info@tapoil.com.au

www.tapoil.com.au

Cancellation of Buy Back Shares

As required by ASX Listing Rule 3.8A, attached is a copy of Tap Oil Limited's notice of cancellation of shares which has been lodged with ASIC following the close of the Company's off-market equal access share buy-back.

Authorised by the Company Secretary on behalf of Tap Oil Limited.

Investor enquiries

Chris Newton

Derrick Wan

Executive Chairman

Commercial Manager

Phone: +618 9485 1000

Phone: +618 9485 1000

Australian Securities & Investments Commission

Electronic Lodgement

Document No. 7EBD23087

Lodgement date/time: 16-12-2020 13:50:05

Reference Id: 148126735

Form 484

Corporations Act 2001

Change to company details

Company details

Company name

TAP OIL LIMITED

Australian Company Number (ACN)

068 572 341

Lodgement details

Who should ASIC contact if there is a query about this form?

Name

Shannon Louise COATES

Signature

This form must be signed by a current officeholder of the company.

I certify that the information in this form is true and complete

Name

Shannon Louise COATES

Capacity

Secretary

Signature

Date signed

16-12-2020

ASIC Form 484 Ref 14812673516/12/2020

Page 1 of 2

Form 484 - Change to company details

TAP OIL LIMITEDACN068 572 341

C1 Cancellation of shares

Reason for cancellation

Shares cancellation details

Reason for cancellation

ss.257H(3) Share buyback - Other buy-back type. A form 280 or 281 must be lodged at least 14 days, and no more than 1 year before the share buy-back can take place

The cancelled shares are listed below:

Share class code

Number of shares

Amount paid (cash

cancelled

or otherwise)

ORD

170730090

13316947.02

Earliest Date of

15-12-2020

cancellation

C3 Change to share structure

The updated details for this changed share class are shown in the table below.

Share class

Full title if not standard

Total number of

Total amount paid on

Total amount unpaid

code

shares

these shares

on these shares

ORD

ORDINARY SHARES

260539206

128060161.80

0.00

Earliest date of

15-12-2020

change

ASIC Form 484 Ref 14812673516/12/2020

Page 2 of 2

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Disclaimer

Tap Oil Limited published this content on 16 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 December 2020 06:06:06 UTC