TransGlobe Energy Corporation

East Ghazalat

In January 2010, TransGlobe farmed in on a 50% working interest in the 645 square kilometre block located in the Western Desert of Egypt. A declaration of Commercial Discovery for Safwa has been filed and development planning has commenced. The Safwa Structure has 18 undeveloped locations with Petroleum Initially in Place of 63.2 MMBbl on a Proved plus Probable plus Possible basis.

EAST GHAZALAT
- East Ghazalat
- Earned 50% working interest in the 645 km² (249 sq. mi.) exploration concession
  
  Recently interpreted 2008 450 km² 3-D seismic program
  
  The Western Desert Abu Gharadig Basin is a proven hydrocarbon basin
  
  Five exploration prospects identified with a PIIP range of 10 to 150 MMBbl
  
  Three well farm-in commitment; two Jurassic and one Cretaceous
  
  Entered 1^st, 2 year extension on June 6, 2010

Newsroom

February 01, 2012
TransGlobe Energy Corporation Announces CDN$85.0 Million Bought-Deal Financing (more)

January 30, 2012
TransGlobe Energy Corporation Mid-Quarter Update for Q1 2012 (more)

January 17, 2012
TransGlobe Energy Corporation Announces 2011 Year-End Reserves (more)