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TransGlobe Energy Corporation Announces Godah #6 Results and Production Update

CALGARY, ALBERTA--(Marketwire - June 19, 2007) - TransGlobe Energy Corporation ("TransGlobe" or the "Company") (TSX:TGL) (AMEX:TGA) announces a successful oil well at Godah #6 in the Republic of Yemen.

Block 32, Yemen (13.81% working interest)

The Godah #6 development well was drilled to a total measured depth of 1,752 meters and completed as a producing Qishn S1-A oil well. Godah #6 was drilled at a location approximately 1,000 meters east of the Godah #2.

Godah #6 is currently producing 2,548 barrels of oil per day and 27 barrels per day of water from a 4 meter interval in the Qishn S1-A sand. The drilling rig has moved to a non owned adjacent block.

A second larger drilling rig arrived on Block 32 for a two well program and commenced drilling Godah #7 on June 4. Godah #7 is a development well located approximately 770 meters east of Godah #6. The Godah #7 well will be drilled to basement with results expected by early July.

Following Godah #7, the rig will move to Nuzooh #1 (formerly Tasour SW #1) to drill an exploration well targeting Qishn and Madbi/Naifa prospects south and west of the main Tasour field. Nuzooh #1 is located approximately 2.3 kilometers west of Tasour #23ST which recovered 200 barrels of light oil from the Naifa. Planned testing of the Tasour #23ST Naifa discovery (announced December 28, 2006), has been deferred pending the results of Nuzooh #1.

Block S-1, Republic of Yemen (25% working interest)

The An Nagyah #26 upper Lam A horizontal development well is currently drilling with results expected by the end of June.

Production Update - Corporate

Company production averaged approximately 5,250 Barrel of oil equivalent per day ((1)Boepd) during May and is expected to average approximately 5,600 Boepd during June with the addition of increased production at Godah and in Canada.

Production (Boepd) May June (forecast)
Block 32 Yemen 1,110 1,200
Block S-1 Yemen 2,810 2,900
Canada 1,330 1,500
Total Company 5,250 5,600


About TransGlobe Energy Corporation

TransGlobe Energy is an oil and gas producer with proved reserves and production operations in The Republic of Yemen and in Alberta, Canada. TransGlobe has an active exploration and development program planned for 2007 in The Republic of Yemen, the Arab Republic of Egypt and in Canada. The Company owns working interests in more than 6.8 million acres across their operating regions. In 2006, the Company set new records for total proved reserves and annual production. Calgary-based, TransGlobe Energy's common shares trade as "TGL" on the Toronto Stock Exchange and "TGA" on the American Stock Exchange.

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects, are forward-looking statements. Although TransGlobe believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include oil and gas prices, well production performance, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

(1)The calculations of barrels of oil equivalent ("Boe") are based on a conversion rate of six thousand cubic feet of natural gas to one barrel of crude oil. Boe may be misleading, particularly if used in isolation. A Boe conversion ratio of 6 Mcf:1 Bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.

TransGlobe Energy Corporation
Ross G. Clarkson
President & C.E.O.
(403) 264-9888
(403) 264-9898 (FAX)


TransGlobe Energy Corporation
Lloyd W. Herrick
Vice President & C.O.O.
(403) 264-9888
(403) 264-9898 (FAX)


Executive Offices
#2500, 605 - 5th Avenue, S.W.,
Calgary, AB T2P 3H5

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