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L A T E S T

P R E V I O U S

• • China National Petroleum Company subsidiary assessing commencement of drilling on Ténéré Block
  • TG World is carried for the next well drilled in the Block

• • Up to three exploratory wells planned for the North Slope of Alaska
  • Updated corporate presentation and third quarter financial documents available on TG World website

• Shareholders approve all resolutions at Annual and Special Meeting held on June 16, 2009

• TG World Adds 5,120 Acres to Gwydyr Bay Prospect Area
  
  • Includes Pete’s Wicked Oil Discovery

• TG World Announces Further Results on Recent Alaska Wells
  
  • North Shore #1 Sag River Formation Test Results
  • Tofkat #1 MDT Recovered Oil Results
  o Ten Oil Samples Recovered In Four Different Sandstones
  o 42 Degree API Oil Sampled In The Kuparuk Formation

• TG World Energy Announces Potential Alaska Oil Discovery

• TG World Energy Announces Preliminary Drilling Results at Tofkat #1

• TG World Provides North Shore #1 Testing Update

• TG World Energy and Joint Venture Participants Spud Tofkat #1 Well

• 
  TG World Approves Location of Third Niger Well, Seismic Program For 2008
  
  • Third exploration well location selected, to be drilled in the north of the Ténéré Rift Basin and Ténéré Block; rig available, but operation commencement awaiting lifting of security moratorium
  
  • Well to test a new Cretaceous play; TG World carried for its 20% working interest
  
  • Total 2008 Work Program approved: 3 wells; approximately 2,000 kms 2-D seismic acquisition
  

• TG World Energy and Joint Venture Participants Re-Enter North Shore #1 Well

• TG World Announces Successful Joint-Venture Bids In Alaska North Slope and Beaufort Sea Lease Sales
  
  • Alaska Joint Venture Gross Acreage Under Lease or Option Increases by 15,360 Acres, Bringing Total Acreage Controlled to Approximately 340,000 Gross Acres
  
  • New Leases Contiguous to Existing JV Lease Holding, Where Winter 2008 Drilling and 3-D Seismic Program Planned
  

• TG World Provides Alaska 2007/08 Winter Program Details
  
  Alaska Joint Venture exploration plan contemplates:
  • Completion and Testing of North Shore #1 Well
  • Drilling of Tofkat-1 Exploration Well (Titania Prospect)
  • Drilling of Two Additional Exploration Wells
  • Acquisition of up to 200 Square Miles of Additional 3-D Seismic

• • Receives Results Of Fachi West-1 Well
  
  • Location Of Third Exploration Well (TG World Carried) To Be Selected After Evaluation Of Seismic And Results Of First Two Wells

• TG World Announces Alaska Oil Discovery
  
  • North Shore 3D Seismic Survey Complete

• TG World Announces Commencement Of Second Niger Exploration Well
  
  • Fachi West – 1 Exploration Well Commences Drilling
  
  • Additional Information Provided On 1st Well, Saha - 1

• TG World Announces Commencement of Sak River #1

• • JV Acquires 126,990 Gross Acres In Bachner Leasehold Acquisition; Adds Land In Key Strategic Areas
  
  • JV Gross Acreage Increased By 70%, Up To 309,384 Acres From 182,394 Acres
  
  • 130 Square Mile North Shore 3-D Seismic Data Acquisition Program Commences; Targets March 31 Completion

• • Preliminary Information Received Concerning Drill Stem Tests Conducted On Saha-1 Well

• • North Shore No. 1 Confirmation Well Commences Drilling
  • Gwydyr Bay 3-D Seismic Survey start-up scheduled for early March 2007

• Testing Program Extended
  
  • Saha-1 Exploration Well to test four intervals
  • Operator anticipates three to four week testing program
  • Bottom-hole logging runs complete; Operator preparing to rig up test unit
  

• Saha – 1 at Total Depth; Testing Program Planned

• Spudding of first well scheduled for mid-January 2007

• TG World is deeply saddened to announce the passing away of one of its earliest directors, Wilfrid A. Loucks.

• Saha–1 Exploration Well Drilling Ahead; Results Expected January 2007

• SAHA – 1 Exploration Well Commences Drilling

• AVCG (on behalf of the JV companies) had apparent high bids of $836,800, 26% of industry total of $3.2 million

• Extraordinary Rains Hamper Mobilization; Drilling Commencement of First Well, SAHA-1, Anticipated End of October

• 2006/07 JV Exploration Budget and Plan Approved

• Rig Arrives in Cotonou; Drilling Program on Schedule

• New Total of Approximately 18.9 Million Units for Gross Proceeds of $22.7 Million

• TG World Energy Corp. (TSX-V: TGE) announced today that it has signed an Engagement Letter with Tristone Capital Inc.

• Drilling Commencement of First Well, SAHA-1, Anticipated End of September / Beginning of October

June 8, 2006

• The Live Webcast Of The Corporate Presentation Portion From The Annual And Special Meeting Of Shareholders Will Be Available Thursday, June 15 At 3:10 pm MT
  
  
• An Updated Electronic Copy Of The Corporate Presentation Will Be Available On The TG World Website On Thursday June 15 At 2:30 pm MT

TG World Energy Corp. Announces Renegotiation of Success Fee Agreement Relating to Ténéré Block and Issuance of Common Shares

TG World Provides Central North Slope Alaska Joint Venture Update

• Joint Operating Agreements Signed on Seven Play Areas
  Joint Venture Arrangements Now Closed
• Recently Drilled Cronus #1 Exploration Well Encounters Thick Oil-Bearing Sand Section
  TG World - AVCG/BRPC JV Leases Located 2 - 3 kms to the north and south of Cronus #1
• Antigua Exploration Well Drilled Adjacent to Joint Venture's Whiskey Gulch Prospect Leases
  Tests Kuparuk Play Concept
• Ambitious Joint Venture Work Program Planned for Balance of 2006 and Winter Drilling Season 2006-7
  Expected to Include 3D Seismic Data Purchases, Further Lease Acquisitions, Possible Farm-ins and Drilling of Up to Three Wells
• 2005 Annual Report Avail

TG World Energy Corp. Announces Alaska North Slope Joint Venture

• JV Established on Almost All BRPC/AVCG's Alaska North Slope Properties
  - Property interests acquired upon formation of JV
• Exploration Strategic Alliance Formed Covering Large AMI Area on North Slope
• 4 Year JV initial term
• Experienced JV Operator BRPC
• Properties Can be Grouped Into Seven Highly Prospective Play/Lease Areas
• Four Year Initial Exploration Program Planned, Including Shooting of 3D Seismic and Drilling of Four Wells
• 2006 Exploration Program Includes Additional Lease Purchase, Seismic Acquisition and Drilling of One Well
  

The Second Seismic Campaign has been Completed (20 new lines; 912 line-kilometres of new data acquired and processed)

• A Third Seismic Campaign is being planned, which is scheduled to be undertaken later this year 
• Preparatory construction work is underway to construct an Operations Base and first Drilling Platform
• Drilling equipment procurement and mobilisation in China well advanced for all three Commitment wells
• In addition: Exploration Activities in Niger are Accelerating

Two Exploration Wells To Be Drilled in 2006

• Third Well to be Drilled in Early 2007
• Locations Selected for Initial Two Wells -- Target Depths of 4,035 Metres and 3,671 Metres 
• Drilling Rig Being Mobilized to Port in China -- Anticipated Shipping in January 2006 
• 1,000 km of Additional Seismic Acquisition Planned for 2006 
• 2006 Expenditure Budget Totals US $44 million

• Operator CNPCIT Plans 865 Kilometers of New Seismic - Acquisition To Begin Immediately
• Processing of Existing Seismic Data Complete and Being Interpreted
• TG World Receives all New Seismic Data in Calgary; Plans to Conduct Independent Interpretation
• Decision-Making Meeting for Q4 2005 and 2006 Program Scheduled for Mid-November in Beijing

• Aalgerian National Oil Company Sonatrach Signs Agreements Respecting Adjacent Kafra Block
• Commits to Acquire Min. 1,000 KM New 2D Seismic In 4 yrs for est. US $6 MM Min Cost
• TG World Believes Move Adds Momentum to Niger Exploration

Seismic Acquitions Completed

• Initial Seismic Acquisition Program Completed
• Total of 1686.525 KM of 2D Seismic Data Acquired
• Processing Well Under Way: Total 1,000 KMS Processed to Date

TG World Announces Increase in Size of Proposed Private Placement of Units

TG World Announces Private Placement of Units

Tenere Concession Update

• Tenere Acquisition Program Passes 1080 KM; Excellent Production and High Quality Data
• CNPCIT ADDS 188 KM. to Planned Program; New Total is 1,688 KM; TG World Carried on Additional Cost
• CNPCIT processing In-Country; TG World Processingf Comparison Data in Calgary
• Read CNPCIT Management Comments

Tenere Concession Update

• Seismic Acquition Nearing Halfway Mark; Data Quality Excellent
• CNPC and Geophysical Subsidiary, BGP, Worldwide Desert Experience Benefiting Program
• CNPC In-House Prpcessing Centre Complete In Niamey; Processing to Begin Immediately

Tenere Concession Update

• Seismic Acquisition Commenced 288+ Kilometres of 2D Seismic Data Acquired Already
• CNPC Technical Analysis Identifies Structures Previously Mapped By TG World
• Objective of Seismic Program Is To Identify Aand Rank Potential Drilling Prospects

Tenere Concession Deal Now Effective

• Tenere Concession Deal Now Effective
• TG World and China National Petroleum and Corporation ("CNPC") Joint Venture Agreements For Tenere, Niger , Exploration Project Now In Force
• CNPC Unit To Begin Seismic Aaquistion Immediately