Release

CALGARY, ALBERTA--TransGlobe Energy Corporation  (TSE, symbol 
"TGL"; NASD OTC-BB symbol "TGLEF") is pleased to announce today a 
successful development well in the Tasour field located on Block 
32 in the producing Sayun Basin in the Republic of Yemen and a 
successful multi-zone gas discovery in Canada. 

BLOCK 32, REPUBLIC OF YEMEN (9.81% working interest) 

The Tasour 4 well was drilled to a total depth of 1,757 meters 
(5,765 feet) and flowed at 2,500 barrels per day of 29 degree API 
oil on a submersible pump test from the Qishn sand reservoir. No 
water was recovered during the test. The well has been completed 
as a producer and will be tied in to the adjacent Tasour 
production facilities.  The drilling rig was moved to the Tasour 
'D' location and commenced drilling on September 19th.   Results 
from Tasour 'D' are anticipated by the end of October 2000. 

The construction of the Tasour production facilities is nearing 
completion.  The 65 kilometer pipeline to the Canadian Occidental 
production facility is completed and the connection to the sales 
pipeline is underway.  Small delays in the delivery of equipment 
will postpone the start of oil sales by 2-3 weeks to the end of 
October 2000.  Initial production rates are expected to be 10,000 
bopd (1,000 net to TransGlobe) with the addition of the Tasour 4 
well.   Production could increase to 12,000 to 15,000 bopd (1,200 
to 1,500 to TransGlobe) with success at Tasour 'D'. 

CANADA  

TransGlobe has participated in a multi-zone gas discovery at 
Pakowki Lake in southern Alberta.  The well is currently being 
completed and will be tied in to a nearby gas gathering system.  
Production rates are expected to be in excess of 1.0 mmcfd.  
TransGlobe has a 33.3% working interest in the discovery.  The 
Company plans to drill two new gas prospects in Central Alberta 
during the 4th quarter. 

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. 



On Behalf of the Board of Directors of  

TRANSGLOBE ENERGY CORPORATION 

Ross G. Clarkson 

President & C.E.O. 

-30-