Transeuro Energy Corp.

Transeuro Energy Corp.

October 18, 2006 20:30 ET

Transeuro Energy Corp.: Options Granted

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 18, 2006) - Transeuro Energy Corp. ("Transeuro" or the "Company") (TSX VENTURE:TSU) today announced that the Company has granted options to an officer of the Company to purchase up to 150,000 shares in the capital of the Company at a price of $1.36 for a term of five years. The foregoing is subject to TSX Venture Exchange approval.

Harold Hemmerich, President and 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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