NEWS RELEASE TRANSMITTED BY Marketwire



FOR: TRANSGLOBE ENERGY CORPORATION

TSX SYMBOL:
 TGL
NASDAQ SYMBOL:
 TGA

TransGlobe Energy Corporation: Release Date Second Quarter 2009 Financial and Operating Results and Conference Call

Jul 30, 2009 - 10 45 ET

CALGARY, ALBERTA--(Marketwire - July 30, 2009) - TransGlobe Energy Corporation ("TransGlobe") (TSX:TGL) (NASDAQ:TGA) will announce its second quarter 2009 financial and operating results on Thursday, August 6, 2009 prior to the opening of the stock markets. A conference call and webcast to discuss the results will be held the same day:

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Time:       2:30 p.m. Mountain Time (4:30 p.m. Eastern Time)

Dial-in:    1-416-641-6108 or toll free at 1-866-226-1793

Webcast:    http://events.onlinebroadcasting.com/transglobe/080609/index.php

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Shortly after the conclusion of the call, a replay will be available by dialing 1-416-695-5800 or toll free at 1-800-408-3053. The pass code is 1207204#.The replay will expire at midnight (Eastern) on August 13, 2009. Thereafter, a copy of the call can be accessed through a link on TransGlobe's Web site at www.trans-globe.com.

TransGlobe is a Calgary-based oil and gas producer with proved reserves and production operations in the Arab Republic of Egypt and the Republic of Yemen. TransGlobe owns working interests in more than 4.9 million acres across their operating regions. TransGlobe's common shares trade on the Toronto Stock Exchange under the symbol TGL and on the NASDAQ under the symbol TGA.


FOR FURTHER INFORMATION PLEASE CONTACT:

TransGlobe Energy Corporation
Anne-Marie Buchmuller
Manager, Investor Relations & Assistant Corporate Secretary
(403) 268-9868 or Cell: (403) 472-0053
Email: investor.relations@trans-globe.com
Website: www.trans-globe.com