Transeuro Energy Corp.

Transeuro Energy Corp.

May 26, 2009 00:15 ET

Transeuro Energy Corp.: Management Request Trading Halt

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 26, 2009) - Transeuro Energy Corp. ("Transeuro" or the "Company") (TSX VENTURE:TSU)(OSLO:TSU) announces that it has requested the Oslo Bors Stock Exchange to suspend trading of its shares today as the Company is in the final stages of a debt restructuring process. Parties related to the restructuring now possess information that is currently not available to the public and the Company cannot control information that may be considered price sensitive.

The Company will release further information on the restructuring as soon as the various parties have finalized their response to proposals made by the Company so that normal trading can resume as soon as possible.

Transeuro Energy Corp. is involved in the acquisition of petroleum and natural gas rights, the exploration for, and development and production of crude oil, condensate and natural gas. The Company's properties are located in Canada, Armenia and Ukraine.

On behalf of the Board of Directors

David Worrall, CEO

The statements contained in this release that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual results to differ materially from the targeted results. The Company relies upon litigation protection for forward looking statements.

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

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