Stock Quote:
TGL  $ 1.99  $ -0.01
TGA  $ 1.58  $ -0.02
BZZ17  $ 58.19  $ 0.37

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.