TransGlobe Energy Corp. announced new appointments to the executive team. The company announced that effective May 8, 2012; Mr. Randy Neely will join the company as the Vice President of Finance and Chief Financial Officer of the corporation. Mr. Neely will replace Mr. David Ferguson who intends to retire in August of 2012 after serving for eleven years as Vice President of Finance and CFO. Mr. Ferguson will step down as VP and CFO effective May 8, 2012 and provide transition support for Mr. Neely until August of 2012. Mr. Neely has over 19 years of experience in executive financial positions, including most recently CFO of Zodiac Exploration. In addition, the company announced that Mr. Brett Norris and Mr. Rob Pankiw have been promoted to the positions of Vice President, Exploration and Vice President, Engineering respectively. Mr. Norris and Mr. Pankiw have been instrumental in the company's tremendous growth in Egypt over the past five years. Mr. Norris is a professional geologist with over 24 years of diverse industry experience. Prior to joining the company as Manager of Exploitation in November 2006, Mr. Norris was Vice President, Geosciences & New Ventures at Paramount Energy Trust. Mr. Pankiw is a professional engineer with over 25 years of diverse industry experience including reservoir, exploitation, operations and corporate planning. Prior to joining the company as Manager of Engineering in May 2005, Mr. Pankiw worked in senior technical roles with a number of Canadian operating companies including Wiser Oil, Rio Alto Exploration, Petrovera Resources, Gulf Canada, Mobil Oil and Husky Oil.