As part of TransGlobe's succession plan, TransGlobe Energy Corporation announced that Randy Neely will stand for election to the Board of Directors at the upcoming Annual and Special Meetings of Shareholders. In order to make room for Mr. Neely, Mr. Lloyd Herrick, VP and COO will not stand for re-election this year. Mr. Herrick has served on the Board as a non-independent director since joining the Company in 1999 and will remain with the Company as VP and COO.