A successful international oil and gas explorer focused in Egypt and Yemen
TransGlobe Energy Corporation
Republic of Yemen
TransGlobe's international activities have their roots in the Republic of Yemen ("Yemen") where the Company entered into Blocks 32 and S-1 in 1996/97. TransGlobe currently holds working interest ranging from 13.8% to 25% in four Production Sharing Agreements in the country. TransGlobe does not operate its properties in Yemen but works together with experienced partners such as Occidental Petroleum and DNO ASA.
- BLOCK S-1
- Block S-1
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25% W.I. in the 1,152 km2 (460 sq. mi.) development lease
Producing oil from An Nagyah field (Lam Formation) since 2003
Drilling/tie back of Osaylan oil field planned for 2009
An Nagyah development drilling planned for 2009
Significant natural gas upside in suspended
An Naeem field
- BLOCK 75
- Block 75
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25% W.I. in the 1,050 km2 (420 sq. mi.)
exploration block Exploration block immediately offsets 3 significant oil fields (Al Nasr, Dhahab, An Nagyah) with excess facility capacity
- BLOCK 32
- Block 32
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13.81% W.I. in the 591 km2 (236 sq. mi.) development lease
Producing oil from Tasour field (since 2000) and Godah field (since 2006)
Mature production block
- BLOCK 72
- Block 72
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20% W.I. in the 1,822 km2 (728 sq. mi.) exploration block
Exploration block immediately offsets producing Blocks 9 and 51
Close to production infrastructure