TransGlobe Energy Provides Operations Update

TransGlobe Energy Corporation

is pleased to provide an operations update for the third quarter of 2013. All dollar values are expressed in United States dollars unless otherwise stated.HIGHLIGHTS-- Drilled 10 wells in Q3, resulting in 9 oil wells and 1 gas/condensate well (100% success) -- 2013 YTD drilled 35 wells resulting in 29 oil wells, 1 gas/condensate well and 5 dry holes (86% success) -- TransGlobe's production averaged 17,651 Bopd in July; 17,834 Bopd in August; and 19,238 Bopd in September -- West Bakr concession currently producing at the highest rate in its 30 year history -- Received $142.7 million to date from EGPC during 2013; additional tanker liftings are scheduled for November -- New concessions approved by Cabinet and forwarded to President; ratification is expected in late 2013OPERATIONS UPDATEARAB REPUBLIC OF EGYPT West Gharib, Arab Republic of Egypt (100% working interest, operated)Operations and ExplorationThe Company drilled five wells in the third quarter resulting in five oil wells (four at East Arta