PROJECT

Projects

Summary of Investment Information

Project Number

32875

Company Name

TRANSGLOBE ENERGY CORPORATION

Date SPI Disclosed

Jan 23, 2013

Country

Egypt, Arab Republic of

Region

Africa

Projected Board Date

Feb 25, 2013

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Sep 30, 2022

Department

Gbl Infrastructure & Natural Resources

Industry

Metals and Mining

Previous Events

Approved : Feb 28, 2013
Signed : Mar 7, 2013
Invested : Mar 11, 2013

Sector

Oil and Gas Production (Includes Development)

Project Description

Transglobe Energy Corp. (“Transglobe”) is an oil and gas exploration and production company incorporated in Calgary, Canada focused on the MENA region. The proposed investment by IFC will fund Transglobe’s 2013 development and exploration program in Egypt and support its production growth plan.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation