TransGlobe Provides Update For Q3 2011 in Yemen

Source: www.gulfoilandgas.com 9/14/2011, Location: Middle East

TransGlobe Energy Corporation is pleased to provide a mid-quarter production and operations update for the third quarter of 2011 and notice of participation in the Peters & Co. 2011 Oil & Gas Conference as well as the FirstEnergy/Sociéte Générale Global Energy Conference.

Block 32, Republic of Yemen (13.81% working interest)
Operations and Exploration
No wells were drilled during the quarter.

Production Production from Block 32 averaged 3,235 Bopd in July and 3,146 Bopd in August. Block 32 production is exported to the Indian Ocean via the Nexen operated export pipeline, which has not been impacted by recent political unrest in Yemen.

Block S-1, Republic of Yemen (25% working interest)
Operations and Exploration
No wells were drilled during the quarter.

Production
The oil export pipeline for Block S-1 production from Marib to the Ras Eisa port on the Red Sea was shut down from March 17, 2011 to July 15, 2011. Production from TransGlobe's An Nagyah field on Block S-1 was shut-in for approximately 4 months until repairs to the export pipeline were completed in mid-July. The pipeline was damaged by local tribal groups who prevented repair crew access to the pipeline until an agreement was reached with the government. Production for the month of July averaged 4,724 Bopd (1,181 Bopd to TransGlobe). Production for the month of August averaged 8,967 Bopd (2,242 Bopd to TransGlobe).


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