Table of Contents Table of Contents 2 List of Tables 4 List of Figures 4 Company Snapshot 7 Key Information 7 Company Overview 7 TransGlobe Energy Corporation, Valuation and Financial Data 8 TransGlobe Energy Corporation, Share Price Performance 8 Share Price Performance, Q1, 2015-Q1, 2016 8 TransGlobe Energy Corporation, Key Valuation Metrics 9 Key Valuation Metrics, Q1, 2015-Q1, 2016 9 TransGlobe Energy Corporation, Quarterly Results of Oil & Gas Operations Per boe Produced 10 Results of Oil & Gas Operations Per boe Produced, Q1, 2015-Q1, 2016 10 Results of Oil & Gas Operations Per boe Growth Rates, Q1, 2015-Q1, 2016 11 TransGlobe Energy Corporation, Quarterly E&P Costs Trends 12 Upstream Capital Expenditure, Q1, 2015-Q1, 2016 12 TransGlobe Energy Corporation, Quarterly Production Trends 13 TransGlobe Energy Corporation, Total Oil and Gas Production 13 Total Crude Oil and Natural Gas Production Trend, Q1, 2015-Q1, 2016 13 Total Crude Oil & Natural Gas Production, By Country/Region, Q1, 2015-Q1, 2016 14 TransGlobe Energy Corporation, Crude Oil Production 15 Total Crude Oil Production Trend, Q1, 2015-Q1, 2016 15 Crude Oil Production, By Country/Region, Q1, 2015-Q1, 2016 16 TransGlobe Energy Corporation, Valuation and Financial Data, 2011-2015 17 TransGlobe Energy Corporation, Share Price Performance, 2011-2015 17 Share Price Performance, 2011-2015 17 Key Valuation Metrics, 2011-2015 18 TransGlobe Energy Corporation, Production and Reserves Trends 19 Total Oil and Gas, Reserves and Production 19 Total Crude Oil and Natural Gas Production and Reserves Trend, 2011-2015 19 Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2011-2015 20 Total Crude Oil and Natural Gas Reserve Changes, 2011-2015 22 Crude Oil/Liquids Production and Reserve 23 Crude Oil/Liquids Production and Reserve Trend, 2011-2015 23 Crude Oil Production and Reserves By Country/Region, 2011-2015 24 Crude Oil/Liquids Reserve Changes, 2011-2015 26 Total Crude Oil and Natural Gas Reserves Life Index 27 Total Crude Oil and Natural Gas Reserves Life Index, 2011-2015 27 Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2011-2015 28 TransGlobe Energy Corporation, E&P Costs Trends 30 Allocation of the Upstream Capital Expenditure 30 Upstream Capital Expenditure, 2011-2015 30 Exploration and Development Costs, By Country/Region, 2011-2015 31 Oil and Gas Cost Per boe, US$/boe 33 Oil and Gas Cost Per boe, US$/boe, 2011-2015 33 Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2011-2015 35 TransGlobe Energy Corporation, Reserve Replacement Ratio 37 Oil and Gas Production Replacement Ratio 37 Oil and Gas Production Replacement Ratio, 2011-2015 37 Oil and Gas Production Replacement Ratio, By Country/Region, 2011-2015 39 TransGlobe Energy Corporation, Results of Oil & Gas Operations Trend 42 Oil and Gas Revenue and Expenses 42 Oil and Gas Revenue and Expenses, 2011-2015 42 Oil and Gas Revenue and Expenses, By Country/Region, 2011-2015 43 Oil and Gas Revenue and Expenses, Per boe 46 Oil and Gas Revenue and Expenses, By boe, 2011-2015 46 Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2011-2015 47 Oil and Gas Performance Metrics 50 TransGlobe Energy Corporation, Land Holdings and Well Data 51 Developed and Undeveloped Acreage 51 Gross and Net Developed and Undeveloped Acreage, 2011-2015 51 Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2011-2015 52 Well Statistics 55 Producible Oil and Gas Well, 2011-2015 55 Producible Oil and Gas Well, By Country/Region, 2011-2015 56 Exploration and Development Wells Drilled, 2011-2015 59 Recent Developments 61 TransGlobe Energy Corporation - Recent Developments 61 Oct 03, 2016: TransGlobe Energy Announces Mid-Year Reserves And Update For Q3 2016 61 Aug 11, 2016: TransGlobe Energy Announces Second Quarter 2016 Financial And Operating Results 64 Jun 22, 2016: TransGlobe Energy Announces Mid-Quarter Update For Q2 2016 68 May 12, 2016: TransGlobe Energy Announces First Quarter 2016 Financial And Operating Results 71 Mar 09, 2016: TransGlobe Energy Announces Fourth Quarter And Year End 2015 Financial And Operating Results 74 Jan 22, 2016: TransGlobe Energy Announces 2015 Year-End Reserves And Update 81 Nov 12, 2015: TransGlobe Energy Announces Third Quarter 2015 Financial And Operating Results 83 Nov 11, 2015: TransGlobe Energy Announces 2016 Capital Guidance And Declaration Of Quarterly Dividend 90 Aug 13, 2015: TransGlobe Energy Announces Second Quarter 2015 Financial And Operating Results 90 Jun 23, 2015: TransGlobe Energy Corporation Mid-Quarter Update For Q2 2015 97 Appendix 99 Methodology 99 Coverage 99 Secondary Research 99 Primary Research 99 Data Information Sources 100 Company Source 100 SEC/Other Regulatory Filings 100 Other Sources 100 Expert Panel Validation 100 Data Definition 100 Oil and Gas Reserves 100 Units of Measure 101 About GlobalData 101 Disclosure 101 Disclaimer 101

List of Tables Table 1: TransGlobe Energy Corporation, Key Facts 7 Table 2: TransGlobe Energy Corporation, Share Price Performance, Q1, 2015-Q1, 2016 8 Table 3: TransGlobe Energy Corporation, Key Valuation Metrics, Q1, 2015-Q1, 2016 9 Table 4: TransGlobe Energy Corporation, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2015-Q1, 2016 10 Table 5: TransGlobe Energy Corporation, Results of Oil & Gas Operations Per boe Growth Rates, %, Q1, 2015-Q1, 2016 11 Table 6: TransGlobe Energy Corporation, Upstream Capital Expenditure, Q1, 2015-Q1, 2016 12 Table 7: TransGlobe Energy Corporation, Total Crude Oil and Natural Gas, Production, Q1, 2015-Q1, 2016 13 Table 8: TransGlobe Energy Corporation, Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2015-Q1, 2016 14 Table 9: TransGlobe Energy Corporation, Total Crude Oil Production, mmbbl, Q1, 2015-Q1, 2016 15 Table 10: TransGlobe Energy Corporation, Crude Oil Production, By Country/Region, mmbbl, Q1, 2015-Q1, 2016 16 Table 11: TransGlobe Energy Corporation, Share Price Performance, 2011-2015 17 Table 12: TransGlobe Energy Corporation, Key Valuation Metrics, 2011-2015 18 Table 13: TransGlobe Energy Corporation, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 19 Table 14: TransGlobe Energy Corporation, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2011-2015 21 Table 15: TransGlobe Energy Corporation, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2011-2015 22 Table 16: TransGlobe Energy Corporation, Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 23 Table 17: TransGlobe Energy Corporation, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2011-2015 25 Table 18: TransGlobe Energy Corporation, Crude Oil Reserve Changes, mmbbl, 2011-2015 26 Table 19: TransGlobe Energy Corporation, Oil and Gas Reserves Life Index, Years, 2011-2015 27 Table 20: TransGlobe Energy Corporation, Oil and Gas Reserves Life Index, By Country/Region, Years, 2011-2015 29 Table 21: TransGlobe Energy Corporation, Upstream Capital Expenditure, US$ mil, 2011-2015 30 Table 22: TransGlobe Energy Corporation, Exploration and Development Costs, By Country/Region, US$ mil, 2011-2015 32 Table 23: TransGlobe Energy Corporation, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 34 Table 24: TransGlobe Energy Corporation, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2011-2015 36 Table 25: TransGlobe Energy Corporation, Oil and Gas Production Replacement Ratio, %, 2011-2015 38 Table 26: TransGlobe Energy Corporation, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2011-2015 41 Table 27: TransGlobe Energy Corporation, Revenue and Expenses, US$ mil, 2011-2015 42 Table 28: TransGlobe Energy Corporation, Revenue and Expenses, By Country/Region, US$ mil, 2011-2015 45 Table 29: TransGlobe Energy Corporation, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 46 Table 30: TransGlobe Energy Corporation, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2011-2015 49 Table 31: TransGlobe Energy Corporation, Oil and Gas Performance Metrics, 2011-2015 50 Table 32: TransGlobe Energy Corporation, Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 51 Table 33: TransGlobe Energy Corporation, Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2011-2015 54 Table 34: TransGlobe Energy Corporation, Producible Oil and Gas Wells, 2011-2015 55 Table 35: TransGlobe Energy Corporation, Producible Oil and Gas Wells, By Country/Region, 2011-2015 58 Table 36: TransGlobe Energy Corporation, Exploratory and Developed Wells, 2011-2015 60 List of Figures Figure 1: TransGlobe Energy Corporation, Share Price Performance, USD/Share, Q1, 2015-Q1, 2016 8 Figure 2: TransGlobe Energy Corporation, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q1, 2015-Q1, 2016 9 Figure 3: TransGlobe Energy Corporation, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q1, 2015-Q1, 2016 10 Figure 4: TransGlobe Energy Corporation, Upstream Capital Expenditure, US$ mil, Q1, 2015-Q1, 2016 12 Figure 5: TransGlobe Energy Corporation, Total Crude Oil and Natural Gas, Production, mmboe, Q1, 2015-Q1, 2016 13 Figure 6: TransGlobe Energy Corporation, Total Oil & Gas Production, By Country/Region, mmboe, Q1, 2015-Q1, 2016 14 Figure 7: TransGlobe Energy Corporation, Total Crude Oil Production, mmbbl, Q1, 2015-Q1, 2016 15 Figure 8: TransGlobe Energy Corporation, Crude Oil Production, By Country/Region, mmbbl, Q1, 2015-Q1, 2016 16 Figure 9: TransGlobe Energy Corporation, Share Price Performance, USD/Share, 2011-2015 17 Figure 10: TransGlobe Energy Corporation, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2011-2015 18 Figure 11: TransGlobe Energy Corporation, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 19 Figure 12: TransGlobe Energy Corporation, Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2011-2015 20 Figure 13: TransGlobe Energy Corporation, Total Oil & Gas Production, By Country/Region, mmboe, 2011-2015 20 Figure 14: TransGlobe Energy Corporation, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2015 22 Figure 15: TransGlobe Energy Corporation, Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 23 Figure 16: TransGlobe Energy Corporation, Oil Reserves, End of Period, By Country/Region, mmbbl, 2011-2015 24 Figure 17: TransGlobe Energy Corporation, Oil Production, By Country/Region, mmbbl, 2011-2015 24 Figure 18: TransGlobe Energy Corporation, Crude Oil Reserve Changes, mmbbl, 2015 26 Figure 19: TransGlobe Energy Corporation, Oil and Gas Reserves Life Index, Years, 2011-2015 27 Figure 20: TransGlobe Energy Corporation, Oil & Gas Reserve Life Index, By Country/Region, Years, 2011-2015 28 Figure 21: TransGlobe Energy Corporation, Oil Reserve Life Index, By Country/Region, Years, 2011-2015 28 Figure 22: TransGlobe Energy Corporation, Upstream Capital Expenditure, US$ mil, 2011-2015 30 Figure 23: TransGlobe Energy Corporation, Development Costs, By Country/Region, US$ mil, 2011-2015 31 Figure 24: TransGlobe Energy Corporation, Exploration Costs, By Country/Region, US$ mil, 2011-2015 31 Figure 25: TransGlobe Energy Corporation, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 33 Figure 26: TransGlobe Energy Corporation, Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 35 Figure 27: TransGlobe Energy Corporation, Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 35 Figure 28: TransGlobe Energy Corporation, Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 36 Figure 29: TransGlobe Energy Corporation, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2011-2015 37 Figure 30: TransGlobe Energy Corporation, 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2011-2015 39 Figure 31: TransGlobe Energy Corporation, 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2011-2015 39 Figure 32: TransGlobe Energy Corporation, 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2011-2015 40 Figure 33: TransGlobe Energy Corporation, 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2011-2015 40 Figure 34: TransGlobe Energy Corporation, Revenue and Expenses, US$ mil, 2011-2015 42 Figure 35: TransGlobe Energy Corporation, Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 43 Figure 36: TransGlobe Energy Corporation, Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 43 Figure 37: TransGlobe Energy Corporation, Oil & Gas Revenue, By Country/Region, US$ mil, 2011-2015 44 Figure 38: TransGlobe Energy Corporation, Production Costs, By Country/Region, US$ mil, 2011-2015 44 Figure 39: TransGlobe Energy Corporation, Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 46 Figure 40: TransGlobe Energy Corporation, Income Tax/(Benefit) per boe, By Country/Region, US$/boe, 2011-2015 47 Figure 41: TransGlobe Energy Corporation, Lifting Cost per boe, By Country/Region, US$/boe, 2011-2015 47 Figure 42: TransGlobe Energy Corporation, Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2011-2015 48 Figure 43: TransGlobe Energy Corporation, Total DD&A per boe, By Country/Region, US$/boe, 2011-2015 48 Figure 44: TransGlobe Energy Corporation, Total Revenue per boe, By Country/Region, US$/boe, 2011-2015 49 Figure 45: TransGlobe Energy Corporation, Oil and Gas Performance Metrics, 2011-2015 50 Figure 46: TransGlobe Energy Corporation, Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 51 Figure 47: TransGlobe Energy Corporation, Total Gross Undeveloped Acreage, By Country/Region, Acres, 2011-2015 52 Figure 48: TransGlobe Energy Corporation, Total Net Undeveloped Acreage, By Country/Region, Acres, 2011-2015 52 Figure 49: TransGlobe Energy Corporation, Total Gross Developed Acreage, By Country/Region, Acres, 2011-2015 53 Figure 50: TransGlobe Energy Corporation, Total Net Developed Acreage, By Country/Region, Acres, 2011-2015 53 Figure 51: TransGlobe Energy Corporation, Producible Oil and Gas Wells, 2011-2015 55 Figure 52: TransGlobe Energy Corporation, Gross Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 56 Figure 53: TransGlobe Energy Corporation, Gross Productive Oil Wells, By Country/Region, Number, 2011-2015 56 Figure 54: TransGlobe Energy Corporation, Net/Gross Oil & Gas Ratio, By Country/Region, %, 2011-2015 57 Figure 55: TransGlobe Energy Corporation, Net Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 57 Figure 56: TransGlobe Energy Corporation, Net Productive Oil Wells, By Country/Region, Number, 2011-2015 58 Figure 57: TransGlobe Energy Corporation, Exploratory and Developed Wells, 2011-2015 59