A successful international oil and gas explorer focused in Egypt and Yemen
STOCK QUOTE
Toronto Stock Exchange
| TGL | C$ 3.06 | $-0.04 |
NASDAQ
| TGA | US$ 2.63 | $-0.09 |
Brent Crude
| US$ 66.65 | $-2.13 |
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 one times funds flow at year-end 2008.
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EXPLORATION SUCCESSWith a key discovery in Egypt in 2008, TransGlobe has driven production to approximately 10,000 barrels of oil per day. |
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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. Projected 2009 funds flow of $32.3 million, and an early 2009 equity offering, will fund a growth-oriented development drilling and exploration program in 2009. |
Newsroom
June 11, 2009
TransGlobe Energy Corporation Provides Mid-Quarter Update for Q2 2009 and Notice of CAPP Symposium Participation (more)
May 07, 2009
TransGlobe Energy Corporation Announces First Quarter 2009 Financial and Operating Results (more)
April 30, 2009
TransGlobe Energy Corporation: Release Date of First Quarter 2009 Results and Conference Call (more)