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Re: choad post# 453660

Friday, 02/03/2006 10:28:10 AM

Friday, February 03, 2006 10:28:10 AM

Post# of 704048
*** TGA hits another well in Yemen ***

>>>Thnks for the TGA, Basser. I have that one from under 5<<<
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Cool! This won't hurt you any..... <vbg>


TransGlobe Energy Corporation Announces Successful Development Well in Yemen

Friday February 3, 9:15 am ET

CALGARY, Alberta--(BUSINESS WIRE)--Feb. 3, 2006--TransGlobe Energy Corporation ("TransGlobe" or the "Company") (TSX:TGL - News; AMEX:TGA - News) announces another successful development well on Block S-1 in the Republic of Yemen.

Block S-1, Yemen (25.0% working interest)

An Nagyah #19, which commenced drilling on January 9th, 2006, reached a total depth of 1,705 meters and was completed as a producing oil well after flowing at a stabilized rate of 3,226 barrels of light (43 degree API) oil per day and 1.6 million cubic feet of gas per day at a flowing pressure of 500 psi on a 48/64 inch choke.

The An Nagyah #19 well encountered the Lam A sandstone reservoir and was completed in a 266 meter horizontal section. The well is now being pipeline connected to the An Nagyah facilities.

The drilling rig is preparing to move to the next drilling location at An Nagyah #20. The An Nagyah #20 well is planned as an 850 meter horizontal well in the Lam A sandstone of the An Nagyah field, between vertical producers An Nagyah #5 and An Nagyah #7 in the western portion of the field.

http://biz.yahoo.com/bw/060203/20060203005303.html?.v=1

Dan

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