Stock Quote:
TGL  $ 1.86  $ -0.03
TGA  $ 1.47  $ -0.01
BZF18  $ 61.96  $ -0.76

EGYPT - Western Desert

In June 2012, TransGlobe acquired companies with a 50% non-operated interest in the South Alamein concession.

In July 2012, TransGlobe acquired a company with the remaining 50% operated working interest in the South Alamein concession in the Western Desert.  The Company now holds a 100% working interest in the South Alamein concession.

In November 2013, TransGlobe acquired a 100% working interest in the South Ghazalat concession and in January 2015, TransGlobe acquired a 100% working interest in the North West Sitra concession. 

TransGlobe has approximately 1,142,850 net acres in the Western desert over three operated concessions.