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Release

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-

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

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