TransGlobe Energy Corporation Announces New Director Appointments

TransGlobe Energy Corporation Announces New Director Appointments 
CALGARY, ALBERTA -- (Marketwired) -- 08/13/14 --   TransGlobe Energy
Corporation ("TransGlobe" or the "Company") (TSX: TGL)(NASDAQ: TGA)
is pleased to announce the appointment of Mr. David Cook and Mr. Bob
MacDougall to its Board of Directors effective August 12, 2014. 
Mr. Cook possesses more than 25 years' experience in the energy
business having held senior positions at The Abu Dhabi National
Energy Company PJSC ("TAQA"), Amoco, BP and TNK-BP. Most recently,
Mr. Cook served as Executive Officer and Head of Oil and Gas at TAQA
where he led the company's upstream and midstream interests in the
Middle East, North America, the United Kingdom, and Europe. Prior to
joining TAQA, he served as Vice President for BP Russia, responsible
for BP's non-TNK-BP exploration and production activities in Russia.
He has held a variety of global technical, commercial and managerial
positions based from the US, UK, Russia and the Middle East, as well
as Board Director roles. Mr. Cook has previously served on the Board
of WesternZagros Ltd. in addition to previously serving as a Director
for three BP/Rosneft joint ventures. Mr. Cook holds a BSc in
Geophysics and a PhD in Geological Sciences from Michigan State
University and currently resides in Houston, Texas. 
Mr. MacDougall is a professional engineer with close to 30 years of
domestic and international oil and gas operations and senior
executive management experience. Most recently Mr. MacDougall served
as Executive Vice President and Chief Operating Officer of Vermilion
Energy from 2004 until his retirement in 2012 where he led the
company's operating business both domestically in Western Canada and
internationally, with assets in France, The Netherlands, Australia,
and Ireland. Prior to joining Vermilion, Mr. MacDougall spent nearly
20 years with Chevron in production and drilling operations and
served as General Manager of Production and Operations for
ChevronTexaco's Western Canadian producing properties. Mr. MacDougall
has an Engineering Diploma from Saint Francis Xavier University and a
Bachelor of Science degree in Engineering (with distinction) from
Technical University of Nova Scotia and currently resides in High
River, Alberta.  
Commenting on the new Board appointments, Mr. Robert Jennings,
Chairman, said, "We are extremely pleased at these appointments as
these two individuals bring a tremendous amount of both technical and
international oil and gas business experience to the Board. With the
retirement of Mr. Robert Halpin and Mr. Erwin Noyes along with the
resignation of Mr. Gary Guidry, the Board of Directors considered it
important to add three directors in 2014. With the addition of Ms.
Sue MacKenzie, Mr. David Cook and Mr. Bob MacDougall, the Board again
has a full complement of directors."  
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
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. 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 and for further, more detailed information
concerning these matters, including additional risks related to
TransGlobe's business. 
Investor Relations
Steve Langmaid
(403) 444-4787
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