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TransGlobe Sees Complications in West Gharib

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TransGlobe Sees Complications in West Gharib
Operations Update Arab Republic of Egypt West Gharib, Arab Republic of Egypt (100% working interest, operated) Operations and Exploration

Five wells were drilled in the Arta/East Arta area during the first quarter resulting in two Lower Nukhul oil wells, two Upper Nukhul oil wells, of which one well was plugged back to surface casing and suspended for a future sidetrack. The two Lower Nukhul oil wells were completed and placed on production at initial rates of 300 Bopd and 700 Bopd respectively. The two Upper Nukhul wells are scheduled for completion and stimulation during the second quarter.

Subsequent to quarter-end, one additional development oil well was drilled at Hana, which is scheduled for completion in May. The drilling rig then moved to the Arta well which was plugged and…

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