TransGlobe Energy has announce the results of its independent reserves evaluation for the year ended December 31, 2021. Proved Developed Producing ( PDP ) gross reserves increased 30% to 19.9 MMboe from 15.3 MMboe at year end 2020.
TransGlobe Energy announced the execution of the new concession agreement consolidating and amending its three existing Eastern Desert concession agreements (West Gharib, West Bakr and North West Gharib), in Egypt.