TransGlobe Energy Corporation

TransGlobe Energy Corporation

March 29, 2005 15:11 ET

TransGlobe Energy Corporation Announces Filing of its 2004 Year End Disclosure Documents


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: TRANSGLOBE ENERGY CORPORATION

TSX SYMBOL: TGL
AMEX SYMBOL: TGA

MARCH 29, 2005 - 15:11 ET

TransGlobe Energy Corporation Announces Filing of its
2004 Year End Disclosure Documents

CALGARY, ALBERTA--(CCNMatthews - March 29, 2005) - TransGlobe Energy
Corporation (TSX:TGL) (AMEX:TGA) ("TransGlobe" or the "Company") today
filed its Renewal Annual Information Form, which includes TransGlobe's
reserves data and other oil and gas information for the period ended
December 31, 2004 as required by National Instrument 51-101 Standards of
Disclosure for Oil and Gas Activities of the Canadian Securities
Administrators.

Copies of TransGlobe's AIF and disclosure documents may be obtained at
www.sedar.com.

TransGlobe is a growth oriented international energy company engaged in
the exploration, development and production of crude oil and natural gas
in the Republic of Yemen, the Arab Republic of Egypt and Alberta, Canada.

This release includes certain statements that may be deemed to be
"forward-looking statements" within the meaning of the US Private
Securities Litigation Reform Act of 1995. All statements in this
release, other than statements of historical facts that address future
production, reserve potential, exploration drilling, exploitation
activities and events or developments that the Company expects, are
forward-looking statements. Although TransGlobe believes the
expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future
performance and actual results or developments may differ materially
from those in the forward-looking statements. Factors that could cause
actual results to differ materially from those in forward-looking
statements include oil and gas prices, exploitation and exploration
successes, continued availability of capital and financing, and general
economic, market or business conditions.

TRANSGLOBE ENERGY CORPORATION

s/s Ross Clarkson

Ross G. Clarkson

President & C.E.O.

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    TransGlobe Energy Corporation
    Ross G. Clarkson
    President & C.E.O.
    (403) 264-9888
    or
    TransGlobe Energy Corporation
    Lloyd W. Herrick
    Vice President & C.O.O.
    (403) 264-9888
    (403) 264-9898 (FAX)
    Email: trglobe@trans-globe.com
    Website: www.trans-globe.com
    or
    Executive Offices
    #2500, 605 -5th Avenue, S.W.
    Calgary, AB T2P 3H5