TransGlobe Energy Increases Production at Tasour Field

TransGlobe Energy has drilled a successful development well in Block 32 in Yemen. The Tasour #13 is a step-out appraisal well on the western flank of the Tasour Field in Block 32 and was put on production with initial production of 2,240 barrels of oil per day and 5,740 barrels of water per day. This has increased the total oil production from the Tasour Field to approximately 19,500 Bopd. As a consequence of the positive results from Tasour #13 another development well (Tasour #14) will be drilled in the same area. This well could be put on stream in early November 2004.