Conference Call Q3 2010 Results November 4, 4 2010
Q3 2010 Financial Highlights Funds flow from operations of 19.5 19 5 MM (0.28/share), 55% increase over Q3 2009 Average oil price received of 71.27, 71 27 up 24% from Q3 2009 Net income of 8.8 MM (0.13/share), up from a 1.6 MM…
Recent Daily Production Octobe October Average 10 589 10,589 Bopd 5 NASDAQ: TGA TSX: TGL
2010 Guidance Production P d ti guidance id for f 2010 10,000 Bopd average (11,000+ Bopd exit) 11% growth over 2009 75.0 MM Funds flow for 2010 Q3 plus guidance 75/Bbl Brent for balance of 2010 Guidance for 2011 will be…
Egypt: West Gharib Development Lease TransGlobe operated, p , SOUTH Producing Field 100% Working Interest RAHMI Pipeline 9 Development leases 9 producing fields EAST 16 31 API oil ARTA Gulf of Suez Nukhul resource ARTA…
West Gharib: Q3 2010 Drilled 4 oil wells (Hana 23, Arta 21, East Arta 3 & 4) and 2 dry holes (West Hoshia 5 & Hoshia 9) D ill d 4 oil Drilled il wells ll since i Q3 (A (Arta t 22 & 23, 23 East E t Arta A t 5& 7) 4-6 4 6…
West Gharib: Arta / East Arta Development Lease EAST ARTA Producing Field Carbonate EA-4 EA-5 EA-6 Potential Nukhul Fan Deposit area EA-10 of 8,500 acres Total PIIP p potential 174 MMBbl EA-8 Arta 54 MMBbl PIIP (P50)…
West Gharib: Arta Field Arta 13 East Arta 2 East Arta 7 1.5 km 1.8 km 1,815 feet 1,600 feet 1,650 foot Oil Column C l NO WATER PENETRATED TORONTOS CN TOWER 10 NASDAQ: TGA TSX: TGL
West Gharib: Arta / East Arta Nukhul Production Performance Average Initial Production of Post-Frac Current History Well Type Wells (Bopd) (Bopd) (months) Carbonate 4 40 0-35 4.0 Crestal 5 223 80-170 6.5 Flank 3 535 320…
Egypt: East Ghazalat Block Exploration Concession Western Desert Producing Field Qattara Operated by Vegas Oil 2008 3-D Seismic Program Ridge Oil Prospect 50% Working Interest 645 km2, 159,300 159 300 acres Western Desert…
East Ghazalat: 2010 Plans Exploration Concession S f Safwa Structure S Producing Field Oil Prospect Safwa-1x oil discovery tested 300 Bopd, 38 API SAFWA Safwa NW-1x tested 250 Bopd Sabbar-1x tested 500 Bopd Safwa -2 drilling…
Nuqra Block Exploration License Producing Field 71 43% Working Interest 71.43% Kom Ombo Sub Basin 2.3 million acres NUQRA BLOCK prospective 3 56 million 3.56 illi acres Jurassic/Cretaceous Al Baraka Proven oil system 38 API…
Nuqra Prospects: Kom Ombo Sub Basin Exploration License Kom Ombo Sub Basin Two exploration wells on Producing Field Nuqra in late 2010/2011 Oil Prospect (Diwan & Selsella) Al Baraka Field Dabud Gross PIIP* Selsella Name…
Republic of Yemen Four projects: N Development: KINGDOM OF Block 32 SAUDI ARABIA Block SS-1 1 Exploration: Block 72 Basement Block 75 REPUBLIC OF YEMEN Prospects Q3 2010 Production: BLOCK 32 2,537 Bopd O October b P…
Contact Information INVESTOR RELATIONS Scott S tt K Koyich i h T: 403.264.9888 E: investor.relationstrans-globe.com W: www.trans-globe.com 17 NASDAQ: TGA TSX: TGL