Source: www.gulfoilandgas.com 6/13/2011, Location: Africa
TransGlobe Energy Corporation ("TransGlobe" or the "Company") is pleased to provide a mid-quarter production and operations update for the second quarter of 2011 and notice of participation in the 2011 CAPP Oil & Gas Symposium.
East Ghazalat Concession
The operator filed a declaration of Commercial Discovery for the Safwa field and is finalizing the initial Safwa development lease and development plan. The Development lease is in the final stages of Government approval. The commencement of first production is expected in the fourth quarter. Initial production could add an additional 800 to 1,200 Bopd to the Company.