TG World Energy Corp. (fka TGE.v)

[DavidFischer]

TG World Energy Corp.: Tenere Concession Update
3/29/05 CALGARY, ALBERTA, Mar 29, 2005 (CCNMatthews via COMTEX) --
TG World Energy Corp. (TSX VENTURE:TGE):

- Seismic Acquisition Nearing Halfway Mark; Data Quality Excellent

- CNPC and Geophysical Subsidiary, BGP, Worldwide Desert Experience Benefiting Program

- CNPC In-House Processing Centre Complete in Niamey; Processing to Begin Immediately

TG World Energy Corp. (TGE-TSXV) ("TG World") is pleased to advise that Operator, CNPC International (Tenere) Ltd. ("CNPCIT"), is making excellent progress in the seismic acquisition program currently underway in its Tenere Project in Niger, West Africa.

CNPCIT, a unit of the China National Petroleum Corporation ("CNPC"), advised TG World at the recent Technical Committee Meeting (TCM) held in Niamey, Niger, March 15-16, that approximately 40% of the 1,500 km, 2D acquisition program had already been acquired, amounting to more than 600 km of data to date. The data is being acquired by CNPC's geophysical contracting subsidiary, BGP Inc., taking advantage of CNPC's and BGP's extensive experience in seismic acquisition in desert conditions around the world.

Initial results indicate that the new data being acquired by CNPCIT is of very high quality and superior to reprocessed vintage data.

In addition, through BGP, CNPCIT has now completed the establishment of its in-house geophysical processing centre and will initiate production processing of the data immediately in preparation for interpretation to be conducted "back-to-back" in Niamey and Beijing. The centre will additionally enable the Operator to process and interpret up to 7,000 km of vintage data existing on the block.

TG World will also process a portion of the new data independently in Calgary, and will conduct independent interpretation in support of the partnership's technical co-operation on the Block.

"TG World is extremely impressed by the pace and quality of the operations being conducted in Tenere by CNPCIT," said TG World President and CEO, Mr. Clifford James. "The establishment of the processing centre in conjunction with their acquisition program demonstrates how aggressively they are pursuing this project. This is a world-class operation, being conducted under difficult conditions."

Operator CNPCIT holds an 80% interest in the 71,000 sq. km Tenere Permit in Niger. TG World Energy Corp. holds the remaining 20% interest and will be carried by CNPC for all except minor elements of the Minimum Work Program, under which the partnership will acquire a minimum of 1,500 km of 2D seismic data and drill three exploratory wells.

For more information on TG World Energy Corp and the Tenere Block Project, please visit the Company's website at http://www.tgworldenergy.com

The statements herein that are not historical facts are forward-looking statements. These statements address future events and conditions and so involve inherent risks and uncertainties. Actual results could differ from those currently expected. The various risks associated with the Tenere Block are more fully described in the Corporation's most recent Material Change Report, which was filed on SEDAR on September 7, 2004 and which is available at www.SEDAR.com.

TG World Energy Corp. Clifford M. James President & CEO [phone] [phone] (FAX) Website: www.tgworldenergy.com NEWS RELEASE TRANSMITTED BY CCNMatthews TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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