A successful international oil and gas explorer focused in Egypt and Yemen
TransGlobe Energy Corporation
Yemen East
In East Yemen, TransGlobe holds working interests ranging from 13.8% to 20% in Blocks 32 and 72. These Blocks are operated by DNO ASA with whom TransGlobe entertains an excellent working relationship. These blocks are located in the Masila Basin, adjacent to the 1.5+ billion barrels discovered by Nexen Inc. and Total SA. Block 32 has been on production since 2000, from discoveries at Tasour and Godah. In 2009, the Company drilled two oil wells on Block 32.
Block S-1-578
- BLOCK 32
- Block 32
-
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
Some infill-drilling potential remaining
- BLOCK 72
- Block 72
-
20% W.I. in the 1,822 km2 (728 sq. mi.) exploration block
Exploration block immediately offsets producing Blocks 9 and 51
Defined exploration potential in Qishn and Basement reservoir targets
Completed two 3-D surveys in 2008
Plans to drill 1 - 2 exploration wells in late 2009 or 2010
Close to production infrastructure
Newsroom
July 29, 2010
TransGlobe Energy Corporation Announces New Credit Facility and Release Date of Second Quarter Results, Web Cast and Conference Call (more)
June 29, 2010
TransGlobe Energy Corporation Provides an Operations Update (more)
June 03, 2010
TransGlobe Energy Corporation Provides Mid-Quarter Update for Q2 2010 and Notice of CAPP Oil & Gas Investment Symposium Participation (more)