Yemen: An Nagyah Field Shut-In Production

The oil export pipeline from Marib to the Ras Eisa port on the Red Sea is currently shut down. Production from TransGlobe's An Nagyah field on Block S-1 is shut-in until repairs to the export pipeline can be completed. The pipeline was damaged by an explosion and a local tribal group is preventing repair crew access to the pipeline because of a dispute with the government. It is difficult to predict when production will resume. TransGlobe's working interest share of production was approximately 2,300 Bopd prior to being shut-in on March 17.

Corporate production is approximately 12,000 Bopd, not including approximately 2,300 Bopd of shut-in production on Block S-1. Production from Block 32 in East Yemen of approximately 500 Bopd to TransGlobe has not been affected. Block 32 production is exported through the Nexen Inc. operated pipeline to the Indian Ocean.

TransGlobe Energy Corporation is a Calgary-based, growth-oriented oil and gas exploration and development company focused on the Middle East/North Africa region with production operations in the Arab Republic of Egypt and the Republic of Yemen. TransGlobe's common shares trade on the Toronto Stock Exchange under the symbol TGL and on the NASDAQ Exchange under the symbol TGA.

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