UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C., 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER TO RULE 13A or 15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the Month of: May 2003 (3)

File No.: 0-11378

TransGlobe Energy Corporation
(Translation of Registrant’s Name into English)

#2900, 330 – 5^th Avenue S.W., Calgary, AB T2P 0L4
(Address of Principal Executive Office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20F or Form 40F

Form 20F [ X ]           Form 40F [   ]

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes [   ]             No [ X ]

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with rule 12g-3-2(b):
82 - _____________.

---

Page 2

FORM 6K

Submitted herewith:
	Insider Reports, as follows:
	(1)	Report dated May 21, 2003 for Lloyd Herrick;
	(2)	Report dated May 21, 2003 for Erwin Noyes.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		TransGlobe Energy Corporation
			(Registrant)
Date:	May 21, 2003	By:	/s/ David C. Ferguson
			David C. Ferguson
			Vice President Finance & CFO

---

---

---

---

---