Annual General Meeting of the Shareholders May 8, 2012 NASDAQ: TGA TSX: TGL
Growth-Oriented International Story Strong balance sheet Focused on Egypt and Yemen Combined 10 international blocks with 5.5 million acres (including pending South Alamein & South Mariut) Low-risk production growth plus…
Production Growth Average Daily Production Production per Share (Bopd) (Bopd/thousand shares, diluted) 16,000 to 20,000 20,000 0.22 to 0.26 18,000 Egypt 18,000 Yemen 16,720 Mid-point 0.27 16,000 0.24 Mid- 0.24 point 0.22…
The Roadmap to 40,000 Five Year Strategic Plan Concession Peak Production (Bopd) Based on currently identified West Gharib 12,000 14,000 opportunities and upside West Bakr 6,000 8,000 predictions, TransGlobe has East Ghazalat…
Mid-East Focus - 2012 Plan Capital Budget: 70-90 MM Atlantic Ocean EUROPE Development / Exploration on Blocks S-1/75/72 5% of budget ARAB REPUBLIC OF 2 new wells EGYPT AFRICA REPUBLIC OF YEMEN 95% of budget…
Arab Republic of Egypt EAST SOUTH GHAZALAT MARIUT Cairo SOUTH ALAMEIN WEST EGYPT GHARIB WEST BAKR ARAB REPUBLIC OF EGYPT NUQRA 10 NASDAQ: TGA TSX: TGL
Arab Republic of Egypt 2004 entry into Egypt via farm-in 100% Working Interest in West Gharib 100% Working Interest in West Bakr 100% Working Interest in South Alamein (subject to closing conditions and Egyptian Government…
Egypt: West Gharib & West Bakr West Gharib & West Bakr Development Lease SOUTH Producing Fields 9 Development leases RAHMI Pipeline 100% Working Interest 10 Producing fields EAST Current production 16,800 ARTA Bopd (Brent price…
Egypt: West Gharib Following TransGlobes acquisition of West Gharib in 2007, substantial increases have been achieved in activity levels, oil production and oil reserves Ultimate Oil Recoverable Well Sales 2P Reserves* Count…
Egypt: West Bakr Following the successful growth achieved at West Gharib, knowledge and experience gained will be applied at West Bakr to capitalize on the conservative development strategy employed by the prior operator Ultimate…
Egypt: Western Desert Two new development Alexandria projects in 2012: Safwa & Boraq SOUTH discoveries MARIUT EAST Production ramp- GHAZALAT up in 2012 SOUTH Additional ALAMEIN exploration late Cairo 2012 100 Km…
Egypt: East Ghazalat Western Desert Qattara Exploration Concession Ridge Operated by Vegas Oil and Producing Field Gas SA Development Lease Oil Prospect 50% Working Interest 645 km2, 159,300 acres Safwa Development Plan…
East Ghazalat: Safwa Development Plan 50,000 40,000 Bahariya Safwa development plan Production (bopd) 30,000 approved: 22 undeveloped locations 20,000 (160 acre spacing) identified 10,000 First oil expected Q2 2012…
Egypt: South Alamein Western Desert Exploration Lease Subject to closing conditions 3-D Seismic and Egyptian Government approval 50% Working Interest as Operator Boraq-2X 2,258 km2 (558,120 acres) Boraq-2X (oil discovery well)…
South Alamein Boraq Appraisal Development lease will be applied for once Ministerial approval is received for the CEPSA acquisition Boraq-3 The El Paso acquisition does not require government approval Boraq-5 Boraq-2X Discovery…
South Alamein: Boraq Development Plan 50,000 Development lease will be applied for 40,000 once ministerial approval is received for the CEPSA acquisition Production (bopd) 30,000 Drilling of 2 additional appraisal wells 20,000…
Egypt: South Mariut Mediterranean Sea Subject to closing conditions, expected closing June 2012 Exploration Concession Oil Prospect 60% Working Interest as Offshore Gas Fields Operator 3,350 km2 (827,500 acres) Alexandria Near…
The Roadmap to 40,000 Five Year Strategic Plan Concession Peak Production (Bopd) Based on currently identified West Gharib 12,000 14,000 opportunities and upside West Bakr 6,000 8,000 predictions, TransGlobe has East Ghazalat…
Annual General and Special Meeting of the Shareholders May 8, 2012 NASDAQ: TGA TSX: TGL