TG World Provides Update Regarding Tindalo Well Workover Schedule

TG World Energy Corp. (TSX VENTURE:TGE) ("TG World" or the "Company") announces
that project partner and operator of Service Contract 54A in the Philippines,
Nido Petroleum Ltd. ("Nido"), has provided the following update on the Tindalo-1
well.


"Nido Petroleum Limited, as Operator of Service Contract 54A ("SC 54A"), is
pleased to advise that the mobilisation of the material and equipment required
for the Tindalo-1 well intervention and remediation programme has commenced with
results expected from the workover before the end of September.




--  The support vessel M/V Pacific Ariki started loading the material
    required for the well intervention in Singapore on 27 August and will
    mobilise to the Tindalo location via Labuan, Malaysia; 

--  Well testing will continue until the Pacific Ariki delivers its cargo to
    the Aquamarine Driller and well re-entry operations commence, which is
    expected within 2 weeks, subject to weather. 

--  Diagnostic logging undertaken as the first step in the well intervention
    will determine the selection of the remediation option and all items
    necessary for the three options under consideration are being mobilised
    to site. 

--  The well intervention is expected to take 10-17 days to complete. 



Well testing is continuing at the field location and the following can be
confirmed since the previous update on 19 August 2010:




--  Disposal of some 278,000 barrels of the produced water stored on the FSO
    was completed successfully during a production shutdown from 22-28
    August; and 

--  Some 183,000 barrels of oil (@ 60 degrees F) are now in the storage 
    tanks of the FSO. 



Nido will provide a further update on progress once well re-entry operations
commence."


Corporate Profile

TG World is a Calgary-based, junior international oil and gas company with
diversified exploration and development operations in the Philippines, Alaska
and Niger. 


TG World (BVI) Corp. (a wholly owned subsidiary of TG World) is partnered with
operator Nido Petroleum Ltd., Kairiki Energy Ltd. and Trafigura Ventures III BV
in a joint venture for Service Contract 54A ("SC 54A") in the North West Palawan
Basin of the Philippines. 


TG World Energy Inc. (a wholly owned subsidiary of TG World) is partnered with
operator Brooks Range Petroleum Corp., 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. 


TG World Petroleum Ltd. (a wholly-owned subsidiary of TG World) is partnered
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. 


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, Niger, the Philippines
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), ultimate recoverability of reserves,
production, timing, results and costs of exploration and development activities,
political or civil unrest, 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 development of and
production from the Tindalo well (including the timing and nature of the
proposed workover) are based on the discussions carried out to date with Nido,
the results of prior exploration and development activities, technical
information provided to TG World by Nido and the current budget for exploration
and development activities (which are subject to change). Forward-looking
statements of TG World 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.