TransGlobe Energy Corporation's Production Reaches 9,500 Barrels of Oil Per Day

TransGlobe Energy Corporation (TSX: TGL) (NASDAQ: TGA) ("TransGlobe" or the "Company") is pleased to provide an update on recent production increases and drilling activities on its Hana West field at West Gharib in the Arab Republic of Egypt.

Corporate Production Update

- Total Company production today surpassed 9,500 barrels of oil per day ("Bopd") with the addition of the recently drilled Hana West #3 well.

Ryland Oil Provides Update on Drilling Activities and 2009 Plans

Ryland Oil Corporation (TSX VENTURE: RYD) provides the following update on its drilling program respecting its southeastern Saskatchewan properties.

Ryland completed drilling on the current phase of Bakken evaluation wells on its acreage position in early January, despite considerable delays encountered due to severe winter weather. The focus of the work has been on expanding the productive area around the Roncott field. The Company's current production from the Roncott area is principally from two horizontal Bakken wells. One of the wells, which was put on pump in late December, 2008, is currently producing approximately 85 bopd. The second well, completed shortly thereafter, is showing a steadily increasing oil cut as frac fluid is recovered.

UTS Energy comments on unsolicited take-over proposal

UTS Energy Corporation ("UTS") today announced that it is reviewing the unsolicited take-over proposal announced by Total S.A. The Board of Directors of UTS, consistent with its fiduciary duties and in consultation with its independent financial and legal advisors, will consider and evaluate the proposal and will pursue the course of action that is in the best interests of UTS and its shareholders. UTS shareholders are advised to take no action at this time pending the review by the Board of Directors of UTS.

RBC Capital Markets and TD Securities Inc. are serving as financial advisors to UTS.

Addax Petroleum announces significant new discovery in Nigeria

Exploration success with Njaba discovery in onshore OML124 license area

Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX:AXC and LSE:AXC) today announces a significant onshore oil discovery from the Njaba 2 well (formally Okaka) currently drilling in the eastern part of the OML124 license area in Nigeria. Addax Petroleum has a 100 per cent working interest under a Production Sharing Contract covering the OML124 license area, whereby the Nigeria National Petroleum Corporation is the concessionaire. Addax Petroleum currently produces approximately six thousand barrels per day from the Ossu and Izombe fields in OML124, which is located within the stable and peaceful Imo State.

Commenting, Jean Claude Gandur, President and Chief Executive Officer of Addax Petroleum said: "I am extremely proud to report an excellent start to 2009 with this successful exploration result in Nigeria as it is a leading discovery that has the potential to be one of our largest fields in Nigeria.