TransGlobe’s goal is to become a leading energy producer in the Middle East/North Africa region.
The Company’s growth strategy is built on three pillars:
Acquire/maintain high working interests and operatorship
TransGlobe operates all of its properties in Egypt, providing control of the drilling pace and choice of locations.
TransGlobe's operations contain a multi-year inventory of drilling prospects that range from low-risk development wells to higher-risk, high-reward exploration locations.
Prudent financial management
TransGlobe maintains a very healthy balance sheet enabling the Company to fully fund its capital program with funds flow from operations.