🕐23.01.14 - 18:54 Uhr

TRANSGLOBE ENERGY CORPORATION ANNOUNCES RELEASE DATE OF 2013 YEAR-END RESERVES,
OPERATIONS UPDATE AND CONFERENCE CALL



TransGlobe Energy Corporation Announces Release Date of 2013 Year-End Reserves, Operations Update and Conference Call
Marketwired
 
 
TransGlobe Energy Corporation
TSX:TGL
NASDAQ:TGA
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January 23, 2014
TransGlobe Energy Corporation Announces Release Date of 2013 Year-End Reserves, Operations Update and Conference Call
CALGARY, ALBERTA--(Marketwired - Jan.

23, 2014) - TransGlobe Energy Corporation ("TransGlobe") (TSX:TGL) (NASDAQ:TGA) will announce its 2013 year-end reserves and operating results on Tuesday, January 28, 2014 before the opening of the stock markets.

A conference call and webcast to discuss the results will be held the same day:

Time: 7:30 a.m.

Mountain Time (09:30 a.m.

Eastern Time)

Dial-in: (416) 340-2216 or toll-free at 1-866-226-1792

Webcast: http://www.gowebcasting.com/5197

Shortly after the conclusion of the call, a replay will be available by dialing (905) 694-9451 or toll-free at 1-800-408-3053.

The pass code is 5444909#.

The replay will expire at 11:59 p.m.

(Eastern Time) on February 4, 2014.

Thereafter, a copy of the call can be accessed through a link on TransGlobes Web site at www.trans-globe.com.

TransGlobe Energy Corporation is a Calgary-based, growth-oriented oil and gas exploration and development company focused on the Middle East/North Africa region with production operations in the Arab Republic of Egypt and the Republic of Yemen.

TransGlobes common shares trade on the Toronto Stock Exchange under the symbol TGL and on the NASDAQ Exchange under the symbol TGA.

TransGlobes convertible debentures trade on the Toronto Stock Exchange under the symbol TGL.DB.

Cautionary Statement to Investors:

This news release may include certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S.

Private Securities Litigation Reform Act of 1995.

Such statements relate to possible future events.

All statements other than statements of historical fact may be forward-looking statements.

Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions.

These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements.

Although TransGlobes forward-looking statements are based on the beliefs, expectations, opinions and assumptions of the Companys management on the date the statements are made, such statements are inherently uncertain and provide no guarantee of future performance.

In particular, this press release contains forward-looking statements regarding the Companys appraisal, development and evaluation plans and the focus of the Companys exploration budget.

In addition, information and statements relating to "resources" are deemed to be forward-looking information and statements, as they involve the implied assessment, based on certain estimates and assumptions, that the resources described exist in the quantities predicted or estimated, and that the resources described can be profitably produced in the future.


Actual results may differ materially from TransGlobes expectations as reflected in such forward-looking statements as a result of various factors, many of which are beyond the control of the Company.

These factors include, but are not limited to, unforeseen changes in the rate of production from TransGlobes oil and gas properties, changes in price of crude oil and natural gas, adverse technical factors associated with exploration, development, production or transportation of TransGlobes crude oil and natural gas reserves, changes or disruptions in the political or fiscal regimes in TransGlobes areas of activity, changes in tax, energy or other laws or regulations, changes in significant capital expenditures, delays or disruptions in production due to shortages of skilled manpower, equipment or materials, economic fluctuations, and other factors beyond the Companys control.

With respect to forward-looking statements contained in this press release, assumptions have been made regarding, among other things: the Companys ability to obtain qualified staff and equipment in a timely and cost-efficient manner; the regulatory framework governing royalties, taxes and environmental matters in the jurisdictions in which the Company conducts and will conduct its business; future capital expenditures to be made by the Company; future sources of funding for the Companys capital programs; geological and engineering estimates in respect of the Companys reserves and resources; and the geography of the areas in which the Company is conducting exploration and development activities.

TransGlobe does not assume any obligation to update forward-looking statements if circumstances or managements beliefs, expectations or opinions should change, other than as required by law, and investors should not attribute undue certainty to, or place undue reliance on, any forward-looking statements.

Please consult TransGlobes public filings at www.sedar.com and www.sec.gov/edgar.shtml for further, more detailed information concerning these matters, including additional risks related to TransGlobes business.

CONTACT INFORMATION:
TransGlobe Energy Corporation
Steve Langmaid
Investor Relations
(403) 444-4787

www.trans-globe.com
INDUSTRY: Energy and Utilities - Oil and Gas


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