A successful international oil and gas explorer focused in Egypt and Yemen
STOCK QUOTE
Toronto Stock Exchange
| TGL | C$ 4.01 | $0.13 |
NASDAQ
| TGA | US$ 3.70 | $0.06 |
Brent Crude
| US$ 69.99 | $0.40 |
UPCOMING EVENTS
2009 Year-End Results
March 11, 2010
TransGlobe Energy Corporation
- TransGlobe operates all its properties in Egypt.
- Yemen assets are operated by world-class E&P companies.
- TransGlobe has a multi-year inventory of oil and natural gas drilling prospects.
- Debt of 1.3 times funds flow at September 30, 2009.
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EXPLORATION SUCCESSWith a key discovery in Egypt in 2008, TransGlobe has driven production to approximately 8,864 barrels of oil per day in Q3 2009. |
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GROWTH FINANCED FROM FUNDS FLOW AND EQUITYLow operating costs and high netbacks in Egypt and Yemen have generated record levels of funds flow and earnings. |