Transeuro Energy Corp.

Transeuro Energy Corp.

May 01, 2007 00:15 ET

Transeuro Energy Corp. Announces Annual Filings Under National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 1, 2007) - Transeuro Energy Corp. (the "Company") (TSX VENTURE:TSU) announces that it has filed its Form 51-101F1 Statement of Reserves Data and Other Oil and Gas Information for its year ended December 31, 2006. The Company has also filed Form 51-101F2 Report of Independent Qualified Reserves Evaluator and Form 51-101F3 Report of Management and Directors on Oil and Gas Disclosure, all under National Instrument 51-101. These filings can be accessed electronically on the SEDAR website:


Hal Hemmerich, President

Information in this the NI 51-101 respecting the plan of development, reserves estimates, production estimates and targets, development costs, work programs and budgets constitute forward-looking information. Such forward-looking information is based on certain assumptions, including the availability of funds for capital expenditures necessary to construct the infrastructure required for future development, a favorable political and economic operating environment, a consistent rate of well re-completions and costs, success rates, production performance and build-up periods for well re-completions that are consistent with or an improvement over historical levels. Such forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual costs and results of the Company and its operations to be materially different from estimated costs or results expressed or implied by such forward-looking statements. Such factors include, among others political and economic risks associated with foreign operations, general risks inherent in petroleum operations, risks associated with equipment procurements and equipment failure, availability of qualified personnel, risks associated with transportation, currency and exchange rate fluctuations and other risks described in the Company's NI 51-101F1 Filed on Although the Company has attempted to take into account important factors that could cause actual costs or results to differ materially, there may be other factors that cause costs and timing of the Company's program or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.

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