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home / news releases / TGA - TransGlobe Energy: The Egyptian Solution

TGA - TransGlobe Energy: The Egyptian Solution

TransGlobe Energy Corporation
  • A new more profitable agreement has been announced with Egypt concerning the secondary recovery leases.
  • Despite a roughly doubling of the stock price, this company is way undervalued.
  • A fair chunk of the secondary recovery business should double profitability.
  • The new contract will cause cash flow to jump significantly in the future.
  • Egypt has long supported the oil and gas industry and the government is among the more stable in the Middle East.

For further details see:

TransGlobe Energy: The Egyptian Solution
Stock Information
Company Name: TransGlobe Energy Corporation
Stock Symbol: TGA
Market: NASDAQ
Website: trans-globe.com
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