TransGlobe Energy Corporation Announces Release Date of 2013 Year-End Reserves, Operations Update and Conference Call
January 23 2014 - 11:30AM
Marketwired
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 TransGlobe's 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.
TransGlobe's common shares trade on the Toronto Stock Exchange
under the symbol TGL and on the NASDAQ Exchange under the symbol
TGA. TransGlobe's 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
TransGlobe's forward-looking statements are based on the beliefs,
expectations, opinions and assumptions of the Company's 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 Company's appraisal, development and
evaluation plans and the focus of the Company's 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 TransGlobe's 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 TransGlobe's oil and gas properties, changes in
price of crude oil and natural gas, adverse technical factors
associated with exploration, development, production or
transportation of TransGlobe's crude oil and natural gas reserves,
changes or disruptions in the political or fiscal regimes in
TransGlobe's 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 Company's control. With respect to
forward-looking statements contained in this press release,
assumptions have been made regarding, among other things: the
Company's 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 Company's capital programs;
geological and engineering estimates in respect of the Company's
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 management's
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 TransGlobe's 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 TransGlobe's business.
TransGlobe Energy CorporationSteve LangmaidInvestor
Relations(403)
444-4787investor.relations@trans-globe.comwww.trans-globe.com
TransGlobe Energy (TSX:TGL)
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