A successful international oil and gas explorer focused in Egypt and Yemen
TransGlobe Energy Corporation
East Ghazalat
TransGlobe's three well farm-in on the Western Desert East Ghazalat block will earn a 50% interest in over 212,000 exploration acres. A recent 3-D seismic program has identified five structurally controlled prospects with Petroleum Initially In Place (PIIP) ranges of 10 to 150 mmbbls. Stacked pays are anticipated in Cretaceous, Jurassic and Palaeozoic. The concession first phase exploration commitment requires two wells by June 5, 2010. The first well, Gawad-1, (9,480 ft basement test), commenced drilling in mid January.
- EAST GHAZALAT
- East Ghazalat
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Farm-in to earn a 50% interest in the 858 km2 (331 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 mmbbls
Three well farm-in commitment; two Jurassic and one Cretaceous
Newsroom
March 04, 2010
TransGlobe Energy Corporation Announces Release Date of Year-End and Fourth Quarter 2009 Results and Conference Call (more)
January 28, 2010
TransGlobe Energy Corporation Announces 2009 Year-End Reserves (more)
January 25, 2010
TransGlobe Energy Corporation Enters New Exploration Project in Western Desert of Egypt (more)