A successful international oil and gas explorer focused in Egypt and Yemen
TransGlobe Energy Corporation
Nuqra
The Nuqra Concession is a large block of land that covers approximately 2.3 million acres. TransGlobe participated in two wells at Nuqra, which were both dry and abandoned. However, based on a discovery by a competitor approximately 10 miles across the Nile from TransGlobe's Nuqra holdings and extensive information gathered from 2-D seismic data, the Company plans to drill one to two exploration wells in 2010.
- NUQRA
- Nuqra
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71.4 % W.I. in the 9,307 km2 (3,594 sq. mi.) exploration concession
Immediately offsets Al Baraka oil discovery announced on Block 2 in 2007
Proven hydrocarbon system in the basin
Very lightly explored, 8 wells drilled to date in the entire rift basin (2 of 4 wells on Nuqra concession drilled by TransGlobe)
Exploration drilling (1 to 2 wells) deferred to 2010
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)