TG World Energy Corp. (TSX VENTURE:TGE) ("TG World" or the "Company") announced
today that Brooks Range Petroleum Corp. ("BRPC"), the operator of the Alaska
North Slope Joint Venture ("JV") and a wholly owned subsidiary of the Alaska
Venture Capital Group ("AVCG"), has advised that the Sak River 1A exploration
well recovered water and a minor amount of oil during a production test
conducted on March 5 and 6, 2010. The JV partners will be conducting further
tests on the well; however, TG World has elected not to participate in these
tests and will relinquish its interest.


The basal portion of the Kuparuk C-1 sandstone from 11,920 to 12,002 feet
measured depth was perforated through seven inch casing. Initial flowing
pressure was 1,147 pounds per square inch. An initial flow of approximately 106
barrels of diesel completion fluid into a storage tank was achieved in five
hours. The flow was then directed to a second tank through a separator where
flow rates stabilized at 1,100 barrels of fluid per day over a 24 hour test
period. The fluid composition was measured as 97% water on average with minor
oil and gas content.


TG World paid 45.7% of the drilling, completion and testing costs of the Sak
River 1A well to earn its 35% equity interest. This well is the third of a four
well promote program required by TG World in Alaska. As a result of the
unsuccessful well at Sak River 1A and under the terms and conditions of the
project agreements, TG World will relinquish certain working interests in the
Beechey Point Unit ("BPU") leases in Alaska to AVCG. 


TG World has now completed its 2010 Alaska drilling program as it will not
participate in the drilling of North Shore #3 exploration well with the other
Alaska JV partners. TG World will maintain a net profit interest after payout in
the North Shore #1 oil discovery made in 2007. TG World will also retain acreage
in the Beechey Point Unit outside of the drilling blocks of Sak River, North
Shore and Pete's Wicked acreage. TG World maintains its 25% working interest in
all leases outside of the Beechey Point Unit, except the recently announced
North Tarn farm-in where TG will earn a 20% working interest.


Drilling of the North Tarn exploration well, which had been considered for the
2010 drilling season, is now planned to be drilled in the 2011 drilling season
due to the limited time remaining in the 2010 drilling season in Alaska. 


Corporate Profile

TG World is a Calgary-based, junior international oil and gas exploration
company currently focused on Alaska and Niger. 


TG World Energy Inc. (a wholly owned subsidiary of TG World) is a participant
together with Alaska Venture Capital Group, Brooks Range Development Corp. and
Ramshorn Investments Inc. in a joint venture that is pursuing oil and gas
opportunities on the Central North Slope of Alaska. The operator of the joint
venture is Brooks Range Petroleum Corp., a wholly-owned subsidiary of the Alaska
Venture Capital Group. The JV holds oil and gas interests in four geographical
areas in Alaska: the Beechey Point Unit, North Tarn, Tofkat and Slugger/South
Thomson.


TG World Petroleum Limited (a wholly-owned subsidiary of TG World) is a
participant together with operator CNPCIT, a unit of the China National
Petroleum Company, in the Tenere Block oil and gas concession in the Republic of
Niger, Africa. The Company has a 20% carried interest in the Tenere Block, which
contains the northern half of the Termit - Tenere Rift, a large rift valley
basin in the country. The southern half of this rift is located in the adjacent
Agadem Block, where the Chinese National Petroleum Company holds several oil and
gas discoveries. 


Certain information set out in this News Release constitutes forward-looking
information. Forward-looking statements are often, but not always, identified by
the use of words such as "seek", "anticipate", "plan", "continue", "estimate",
"expect", "may", "will", "intend", "could", "might", "should", "believe" and
similar expressions. Forward-looking statements are based upon the opinions and
expectations of management of the Company as at the effective date of such
statements and, in some cases, information supplied by third parties. Although
the Company believes that the expectations reflected in such forward-looking
statements are based upon reasonable assumptions and that information received
from third parties is reliable, it can give no assurance that those expectations
will prove to have been correct. Forward-looking statements are subject to
certain risks and uncertainties that could cause actual events or outcomes to
differ materially from those anticipated or implied by such forward-looking
statements. These factors include, but are not limited to, such things as
general economic conditions in Canada, the United States and elsewhere, the
volatility of prices for oil and gas and other commodities, commodity supply and
demand, fluctuations in currency and interest rates, inherent risks associated
with the exploration of oil and gas properties (including mechanical problems),
timing, results and costs of exploration and development activities,
availability of financial resources or third-party financing, availability of
equipment and personnel and new laws and regulations (domestic and foreign).
Accordingly, readers should not place undue reliance upon the forward-looking
statements contained in this News Release and such forward-looking statements
should not be interpreted or regarded as guarantees of future outcomes.
Forward-looking statements respecting the drilling of a North Tarn exploration
well are based upon the results of prior exploration activities, the status of
TG Energy's discussions with the operator and other JV participants as to the
nature and extent of the Alaska exploration program, advice received from the
operator of the JV and the current budget for exploration and development
activities in Alaska (which are subject to change). Forward-looking statements
of TG World Energy Corp. contained in this News Release are expressly qualified,
in their entirety, by this cautionary statement. Additional information relating
to various risk factors to which TG World is exposed in the conduct of its
business (and which may affect the expectations or outcomes reflected in the
forward-looking statements contained in this News Release) are described in
publicly available documents filed by TG World with certain securities
regulatory authorities in Canada, which are available through SEDAR at
www.SEDAR.com.


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