TransGlobe Energy provides update on West Gharib operations

TransGlobe Energy Corporation provides an update on recent drilling activities on its Hana West field (100 percent working interest) at West Gharib in the Arab Republic of Egypt:

Hana West Field
Hana West #2, the first appraisal well drilled on the new Hana West discovery, has been completed as an oil well in the Asl B zone. The well was placed on production at an initial rate of 1,800 barrels of oil per day (“Bopd”) of 27.5 degrees API oil, using a rented high-volume jet pump. Should the jet pump in place at Hana West #2 continue to perform well, the sucker rod pump on Hana #18 could be replaced with a jet pump to obtain a higher production rate. Hana #18 is currently producing at a pump restricted rate of 660 Bopd from the Asl A formation.

The second appraisal well, Hana West #3, was cased as an Asl B oil well. The well will be completed in the Asl B zone, with a pump from inventory. It is expected that Hana West #3 will be on production in approximately two weeks.

Drilling commenced at Hana West #4 on January 18, 2009. Hana West #4 is scheduled to core the Asl A and B formations. The core information will be used to build geo-statistical reservoir simulation models to evaluate secondary recovery potential. It is expected that Hana West #4 test results will be available in three to four weeks.

(OilVoice)

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