TransGlobe Energy Corporation Announces Filing of its 2005 Year End Disclosure Documents.CALGARY, Alberta -- TransGlobe Energy Corporation (TSX:TGL) (AMEX AMEX See: American Stock Exchange :TGA) ("TransGlobe" or the "Company") today filed its Annual Information Form ("AIF"), Audited Consolidated Financial Statements Consolidated Financial Statements The combined financial statements of a parent company and its subsidiaries. Notes: Because consolidated financial statements present an aggregated look at the financial position of a parent and its subsidiaries, they enable you to gauge and related Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial for the year ended December 31, 2005 with Canadian Securities regulatory authorities on the System for Electronic Document Analysis and Retrieval The System for Electronic Document Analysis and Retrieval (SEDAR) is a mandatory document filing and retrieval system for Canadian public companies. Similar to EDGAR, SEDAR is operated by the Canadian Securities Administrators, a coordinating body comprising the 13 Canadian ("SEDAR"). In addition, TransGlobe has filed on the Electronic Data Gathering, Analysis and Retrieval ("EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. ") system in the United States its annual report on Form 40-F for the year ended December 31, 2005, which also includes TransGlobe's AIF, Audited Consolidated Financial Statements and related Management's Discussion and Analysis. The AIF includes TransGlobe's reserves data and other oil and gas information for the period ended December 31, 2005 as required by National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities of the Canadian Securities Administrators Canadian Securities Administrators(CSA) is a forum for the 13 securities regulators of Canada's provinces and territories to coordinate and harmonize regulation of the Canadian capital markets. . Copies of TransGlobe's AIF and disclosure documents may be accessed electronically from www.sedar.com. Copies of the annual report on Form 40-F may be accessed electronically from www.sec.gov. TransGlobe is a growth oriented international energy company engaged in the exploration, development and production of crude oil and natural gas in the Republic of Yemen Noun 1. Republic of Yemen - a republic on the southwestern shores of the Arabian Peninsula on the Indian Ocean; formed in 1990 Yemen Aden-Abyan Islamic Army, Islamic Army of Aden, Islamic Army of Aden-Abyan, IAA - Yemen-based terrorist group that supports , the Arab Republic of Egypt and Alberta, Canada. This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. All statements in this release, other than statements of historical facts that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects, are forward-looking statements. Although TransGlobe believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include oil and gas prices, well production performance, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. TRANSGLOBE ENERGY CORPORATION s/s Ross Clarkson Ross G. Clarkson, President & C.E.O. TransGlobe Energy Corporation (TSX:TGL) (AMEX:TGA) |
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