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Release

TransGlobe Energy Corporation Announces Filing of its 2003 Year End Disclosure Documents

CALGARY, ALBERTA--(CCNMatthews - May 19, 2004) - TransGlobe 
Energy Corporation ("TransGlobe" or the "Company") today filed 
its Initial Annual Information Form, which includes TransGlobe's 
reserves data and other oil and gas information for the period 
ended December 31, 2003 as required by National Instrument 51-101 
Standards of Disclosure for Oil and Gas Activities of the 
Canadian Securities Administrators. As TransGlobe intends to rely 
on the Initial Annual Information Form for the purposes of 
National Instrument 44-101 - Short Form Prospectus Distributions, 
it is required to be reviewed by Canadian securities regulatory 
authorities of one or more jurisdictions and, accordingly, the 
information contained therein may be subject to change. 

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

TransGlobe Energy Corporation, headquartered in Calgary, Alberta, 
is an international explorer and producer of oil and gas. The 
Company has oil and gas production in Canada and in two projects 
in the Republic of Yemen. TransGlobe expects to continue 
production growth both in Canada and Yemen through an aggressive 
drilling and development program for the balance of 2004 and 
2005. More information about TransGlobe and its projects can be 
found at www.trans-globe.com. 

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
(403) 264-9898 (FAX)

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

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