Edition:
United Kingdom

People: TransGlobe Energy Corp (TGL.TO)

TGL.TO on Toronto Stock Exchange

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Herrick, Lloyd 

Mr. Lloyd W. Herrick, P.Eng, ICD.D, is Executive Vice President of the Company. Mr. Herrick joined TransGlobe as Vice President and Chief Operating Officer in April 1999 and was appointed Director at that time. Prior to this, Mr. Herrick was President and Chief Executive Officer of Moiibus Resource Corporation, which was acquired by TransGlobe. Mr. Herrick was previously employed with Ranger Oil Limited, serving in a variety of technical and management/executive positions including Vice President, Canadian Production from 1993 onward. Prior thereto, he was a petroleum engineer with Rupertsland Resources Ltd. and a production evaluations engineer with Hudson's Bay Oil & Gas Ltd. (1975 to 1981). Mr. Herrick is a professional engineer with 40 years of oil and gas experience. Mr. Herrick also holds an ICD.D designation from the Institute of Corporate Directors.

Basic Compensation

Total Annual Compensation, USD 538,180
Restricted Stock Award, USD 320,382
Long-Term Incentive Plans, USD --
All Other, USD 197,190
Fiscal Year Total, USD 1,055,750

Options Compensation

  Quantity Market Value
Exercisable 144,000 179,000.00
Unexercisable 126,000 81,120.00
Exercised 250,000 1,355,000.00