TransAmerican Closes $500,000 Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES.


TransAmerican Energy Inc. (the "Company") (TSX VENTURE:TAE)(FRANKFURT:YQJ)
announces that it has closed the private placement announced in a News Release
dated March 15, 2010. On March 24, 2010 the Company received acceptance from the
TSX Venture Exchange to close the private placement.


In accordance with the provisions of the Subscription Agreements, on March 25,
2010, the Company issued a total of 10,000,000 Units at $0.05 per Unit, each
Unit consisting of one common share and one share purchase warrant, each warrant
entitling the holder to purchase one (1) additional common share at $0.10 per
share on or before March 24, 2011.


These shares and any shares issued on exercise of the warrants will be subject
to a hold period under applicable Canadian securities laws expiring on July 26,
2011, and will be subject to such further restrictions on resale as may apply
under applicable foreign securities laws.


As previously announced, proceeds raised from the private placement will be used
for the acquisition of a 100% interest in 10 Utica shale oil and gas properties
comprising 136,000 acres located in Quebec (the "Acquisition"), as more
particularly disclosed in the Company's News Release dated March 15, 2010, and
for general working capital purposes. On March 18, 2010 the Company received
acceptance for filing of the Acquisition from the TSX Venture Exchange.


ON BEHALF OF THE BOARD

Jurgen Wolf, Director