Egypt Oil & Gas learned that TransGlobe Energy Corporation is about to issue a bid round to hire a drilling 1500hp rig. The International oil and gas explorer will use the rig in drilling within its concession area in El-Nokkra in order to accomplish its drilling plan.
The company is the foreign partner of the Egyptian Dara Petroleum Company (Perodara).
TransGlobe Energy Corporation is an international exploration and production company based in Calgary, Alberta, Canada with oil interests in the Arab Republic of Egypt and the Republic of Yemen.
In Egypt, TransGlobe has 50-100% working interest in West Gharib (TransGlobe operated), East Ghazalat and Nuqra (TransGlobe operated) with 2009 exit production at 6,474 barrels of oil per day ("Bopd").