TriStar Announces Filing of its Management's Discussion & Analysis and its Annual Information Form



    /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
    THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY
    CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./

    CALGARY, March 15 /CNW/ - TriStar Oil & Gas Ltd. ("TriStar" or the
"Company") (TOG - TSX) has filed its Audited Financial Statements, its
Management's Discussion and Analysis, and its Annual Information Form for the
year ended December 31, 2006. The Annual Information Form, which will be
accessible electronically on www.sedar.com, contains the annual oil and gas
disclosure and information required under forms 51-101F1, 51-101F2 and
51-101F3 of National Instrument 51-101.

    TriStar is a Canadian junior oil and gas company engaged in the
exploration, development and production of light oil and gas reserves in
western Canada.

    %SEDAR: 00023171E




For further information:

For further information: Brett Herman, President & Chief Executive
Officer, TriStar Oil & Gas Ltd., Telephone: (403) 268-7800, Facsimile: (403)
218-6075; Jason J. Zabinsky, Vice President, Finance & Chief Financial
Officer, TriStar Oil & Gas Ltd., Telephone: (403) 268-7800, Facsimile: (403)
218-6075

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TriStar Oil & Gas Ltd.

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