TransAmerican Energy Inc.

TransAmerican Energy Inc.

April 21, 2008 12:47 ET

TransAmerican Reports Drilling Progress in Pelahatchie Field, Mississippi

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 21, 2008) - TransAmerican Energy Inc. (TSX VENTURE:TAE)(FRANKFURT:YQJ) (the "Company" or "TransAmerican") has been advised by the Operator, Odyssey Petroleum Corp. (TSX VENTURE:ODE) that the J. Cox 18-10 #1 well has been successfully drilled to 11,500 ft. and logged in Pelahatchie field. Evaluation logs ran by Baker Hughes indicated numerous oil sands, primarily in the cretaceous age formations from 9000 ft. subsurface to total depth of 11,500 ft. According to the Operator's geologist, the logs indicate 132 ft. of probable pay in 16 zones from 10,590 ft. subsurface to 11,500 ft. Numerous additional zones above 10,590 ft. are indicated as probably being productive, however evaluations are not finalized at present. Indicated productive zones are in the Paluxy, Rodessa, and Hosston formations - all formations which have been historically productive in the field.

The Operator further advised that completion personnel have set production casing to total depth and cemented in the same. The drilling rig will be rigged down and moved, location restored, and the well prepared for production.

TransAmerican has participated with the Operator in the drilling of three successful wells in the field, where the Operator controls over 4,000 gross mineral acres.

Refer to April 1, 2008 News Release for particulars of TAE's interest in these wells.

Please visit the Company's website at


Ron Hughes, President

Forward-Looking Statements:

Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in TransAmerican's periodic filings with Canadian and European Securities Regulators. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. TransAmerican does not assume the obligation to update any forward-looking statement.

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

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