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Tag: Boraq 2X
transglobe

TransGlobe announces 2017 Capital Budget and Production Outlook

Posted: February 6, 2017 at 3:53 pm   /   Oil & Gas

HIGHLIGHTS • 2017 capital budget of $56.4 million ($35.2 million firm and $21.2 contingent). • Egypt $25.8 million firm and $14.4 million contingent. • 2017 production of 15.5 to 18.5 MBoepd representing an increase of 30% to 55% over 2016. • Egypt 13.0 to 15.5 MBopd in 2017. • Canada 2.5 to 3.0 MBoepd in […]

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transglobe

TransGlobe Energy Corporation announces Operational Update

Posted: February 1, 2017 at 8:25 pm   /   Oil & Gas

Highlights: • Company production for January 2017 averaged ~16,817 Boepd (~14,013 Bopd Egypt). • December 2016 average rate ~14,140 Boepd (13,074 Bopd Egypt). • Q4-2016 production averaged 12,882 Boepd (12,790 Bopd Egypt). • First oil production from North West Gharib (“NWG”) concession late December 2016. • NWG 3 on production ~1,000 Bopd flowing. • Drilled […]

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Egyptian Military gives TransGlobe green light on South Alamein

Posted: September 17, 2016 at 1:36 pm   /   Oil & Gas

TransGlobe Energy has finally received the approvals needed to proceed with its exploration program on its South Alamein Concession in Egypt. The company had been waiting to receive military access approvals in order to move forward on its program. The approvals are the result of significant efforts on the part of the Minister of Petroleum, […]

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TransGlobe Energy Corporation announces access to South Alamein and proposed amendments to Convertible Debentures

Posted: September 13, 2016 at 8:50 pm   /   Oil & Gas

TransGlobe Energy Corporation is pleased to announce an operational update on the South Alamein concession and calling of a meeting of the holders of its 6.0% convertible debentures. South Alamein, Arab Republic of Egypt (100% working interest, operated) The Company is very pleased to announce that it has received military access approvals to commence work […]

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