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TGA News and Press, TransGlobe Energy Corporation From 07/29/21

Stock Information

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

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TGA - TransGlobe Energy Is On The Move

The new contract with Egypt is far more profitable and long term. The secondary recovery operation now has many more profitable targets. Production is already up due to a well completion in another zone. Egypt is very supportive of the oil and gas industry. Egypt is also ...

TGA - TransGlobe Energy Is Resuming A Growth Strategy

The new contract roughly doubles margins at various pricing levels. Rigs are now mobilized and will result in production growth in the next fiscal year. Generally, small companies succeed by finding a niche to stay out of the way of the competition of large companies. Right no...

TGA - Transglobe Energy Q2 production jumps 7.5% Q/Q

Mlenny/E+ via Getty Images Transglobe Energy (TGA) reports Q2 oil production to date has improved to 13,137 boe/from 12,221 boe/day in Q1, raising its YTD average output to 12,658 boe/day. Transglobe attributes the increase to well optimization activities in Egypt, full oil production from th...

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TGA - TFSA Investors: This Global Energy Giant Could Benefit From Higher Oil Prices

TransGlobe (TSX:TGL) (NASDAQ:TGA) is engaged in the exploration, development, and production of crude oil and natural gas in Egypt and Canada. The company regularly reviews potential acquisitions and new international exploration blocks to supplement TransGlobe’s explorat...

TGA - TransGlobe: Eastern Promise

TransGlobe should soon be the beneficiary of a much improved Egyptian PSC: PetroGlobe. This should enhance oil price exposure and cashflows. The underlying business even before this change is attractively priced on our metrics and in TransGlobe's own AIF form. A rise in oil pr...

TGA - TransGlobe Energy Will Grow This Year

The new contract with the Egyptian government should be more profitable. The company already recompleted a well for significantly more production. Cash flow from operating activities should more than double from the previous year due to the new contract and the oil price rally. ...

TGA - TransGlobe Energy Corporation Announces First Quarter 2021 Financial and Operating Results for the Three Months Ended March 31, 2021

AIM & TSX: “TGL” & NASDAQ: “TGA” This Announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 (“MAR”). Upon the publication of this Announcement, this inside information is now...

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