CAPP Oil & Gas Investment Symposium June 13 15, 2011 NASDAQ: TGA TSX: TGL
Growth-Oriented International Story Strong balance sheet Focused on Egypt and Yemen Combined 7 international blocks with 5.0 million acres Low-risk production growth plus high-impact exploration Prospect size: 5-50 million…
TransGlobe Production Growth Average Daily Production Production per Share (Boe/d) (Boe/d/thousand shares, diluted) Egypt 13,000 to 13,500 13,000 Block S-1, Yemen 0.20 12,000 Block 32, Yemen 11,218 0.18 Canada* 0.18 11,000…
TransGlobe Finding & Development Costs Three-year Weighted 2P 2010 2009 2008 Average Netback* 20.51/Bbl 13.75/Bbl 22.05/Bbl 18.63/Bbl F&D 11.06/Bbl 5.17/Bbl 6.67/Bbl 8.07/Bbl Recycle Ratio 1.85 2.66 3.31 2.31 FD&A 11.06/Bbl…
TransGlobe Well Funded Funds Flow from Operations Funds Flow from Operations per Share (MM) (/share, diluted) 140 2.00 139 115/Bbl Dated Brent 1.88 120 1.75 115/Bbl 118 Dated Brent 95/Bbl 1.61 Dated Brent 1.50 95/Bbl 100 Dated…
TransGlobe Profits Net Income Net Income per Share (MM) (/share, diluted) 40 38 35 32 0.60 0.55 0.52 30 26 0.50 0.43 25 0.40 20 0.30 15 13 0.21 0.20 10 5 3* 0.10 0.04* (8) (0.13) 0 0.00 -5 -0.10 -10 2006 2007 2008…
Egypt: 2011 Plan Cairo EAST GHAZALAT EGYPT WEST GHARIB WEST ARAB REPUBLIC OF BAKR EGYPT NUQRA Capital budget = 81 MM Up to 49 wells 90% of total budget Development/Exploration/EOR 9 NASDAQ: TGA TSX: TGL
Egypt: Overview 2004 entry into Egypt via Nuqra farm-in (71.43% Working Interest) 100% Working Interest in West Gharib 50% Working Interest in East Ghazalat exploration license Fiscal regime: Production Sharing Contracts 0%…
Egypt: West Gharib West Gharib Development Lease SOUTH West Bakr Development Lease Producing Fields 8 Development leases RAHMI Pipeline 100% Working Interest 7 producing fields EAST 16-31 API oil ARTA 3 rigs drilling ARTA…
West Gharib: Arta / East Arta Development Lease EAST ARTA Producing Field Carbonate Unassigned Area Upper Nukhul: Undeveloped wells 43 undeveloped locations (40 acre spacing) (40 acre spacing) 18 producing wells Total 61 Upper…
Egypt: West Bakr West Bakr Development Lease West Gharib Development Lease Producing Fields Subject to closing conditions Pipeline and Egyptian Government Facilities approval 2 Development leases 100% Working Interest 45.2 km2…
Egypt: East Ghazalat Block Western Desert Qattara Exploration Concession Ridge Operated by Vegas Oil and Gas SA Producing Field Development Lease 50% Working Interest Oil Prospect 645 km2, 159,300 acres Filed declaration of…
Republic of Yemen KINGDOM OF Four Blocks SAUDI ARABIA 13.8% - 25% W.I. N Production Sharing REPUBLIC OF Agreements YEMEN 1.14 million acres Two Producing Shut-in March 17 Blocks (32 & S-1) BLOCK 32 2,480 Bopd in Q1 2011…
Why You Should Invest in TransGlobe Proven track record with extensive Middle East experience Great upside potential from extensive and diverse portfolio of drilling opportunities Focused on significant prize in field size and…
Contact Information INVESTOR RELATIONS Scott Koyich T: 403.264.9888 E: investor.relationstrans-globe.com W: www.trans-globe.com 18 NASDAQ: TGA TSX: TGL
Supplemental Information 20 NASDAQ: TGA TSX: TGL
Egypt: West Bakr Transaction Announced Sale and Purchase Agreement on March 28, 2011 Purchase price 60 MM cash plus or minus closing adjustments Effective date July 1, 2010 Production approx. 4,000 Bopd gross Reserves (July 1,…
Directors and Executives Robert A. Halpin Director, Chairman Geoffrey C. Chase Director Biographies available at: Fred J. Dyment www.trans-globe.com Director Gary S. Guidry Director Erwin L. Noyes Director Ross G. Clarkson…
Analyst Coverage J. Frederick Kozak, Canaccord Genuity Corp., Calgary, Canada Alexander Klein, Dundee Securities Corporation, Calgary, Canada Gerry Donnelly, FirstEnergy Capital Corp., London, United Kingdom Vic Vallance, Fraser…