TransGlobe Energy Says Hatat #1 Well to be Plugged & Abandoned

TransGlobe Energy Corporation announces well results on Block S-1 in the Republic of Yemen.

Block S-1, Yemen (25% working interest)

The Hatat #1 wildcat exploration well was plugged and abandoned after failing to test hydrocarbons from a 596 meter interval of Granitic Basement. Hatat #1, which commenced drilling on November 26, 2005, reached a total depth of 1,614 meters. Although several fractures with hydrocarbon shows were encountered during drilling, the fractures were non-productive in the Hatat #1 well bore.

The drilling rig is preparing to move to the next drilling location at An Nagyah #19. The An Nagyah #19 well is planned as a horizontal Lam A development well in the producing An Nagyah field.

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