TGA - Transglobe Energy reports Q3 results

Transglobe Energy (TGA): Q3 GAAP EPS of -$0.08.FFO of $0.00Revenue of $16.86M (-46.1% Y/Y)Q3 production averaged 12,044 boe/d (Egypt 9,812 bbls/d, Canada 2,232 boe/d), a decrease of 2,256 boe/d (16%) from Q2 primarily due to deferred well interventions in Egypt during low oil prices and natural declines.Sales averaged 10,680 boe/d including 259.2 Mbbls sold to EGPC for net proceeds of $10.2M in Q3-2020. Average realized price for Q3-2020 sales of $33.63/boe; Q3-2020 average realized price on Egyptian sales of $37.15/bbl and Canadian sales of $20.80/boe.Press Release

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Transglobe Energy reports Q3 results