TransGlobe Energy Corporation

Corporate Profile

TransGlobe Energy Corporation is an international exploration and production company based in Calgary, Alberta, Canada with oil and natural gas interests in Egypt and Yemen. The Company has interests in seven international blocks totaling 4.9 million acres, with active programs of exploration and development drilling underway.

In Egypt, following two significant acquisitions in late 2007 and early 2008, TransGlobe operates approximately 6,200 barrels of medium quality oil per day (bopd). In Yemen the Company’s interests have production of approximately 3,000 bopd of light, sweet crude and are operated by highly reputable international oil and gas companies (Occidental Petroleum Corporation and DNO International ASA).

Since inception, TransGlobe has recorded continuous growth in production, reserves and funds flow, on both a gross and per share basis.