TransGlobe Energy Corporation Announces First Quarter 2019 Financial and Operating Results
TransGlobe Energy Corporation - Common Shares (TGA)
Last transglobe energy corporation - common shares earnings: 11/9 02:01 am
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Source: GlobeNewswire
CALGARY, Alberta, May 13, 2019 (GLOBE NEWSWIRE) -- AIM & TSX: “TGL” & NASDAQ: “TGA” TransGlobe Energy Corporation (“TransGlobe” or the “Company”) is pleased to announce its financial and operating results for the three months ended March 31, 2019. All dollar values are expressed in United States dollars unless otherwise stated. TransGlobe's Condensed Consolidated Interim Financial Statements together with the notes related thereto, as well as TransGlobe's Management's Discussion and Analysis for the three month periods ended March 31, 2019 and 2018, are available on TransGlobe's website at www.trans-globe.com. Highlights: ø Production for the three months ended March 31, 2019 averaged 15,924 boe/d (Egypt 13,616 bbls/d, Canada 2,308 boe/d), an increase of 654 boe/d (4%) from the previous quarter; ø Production in April averaged ~16,964 boe/d (Egypt 14,583 bbls/d, Canada 2,381 boe/d), an increase of ~1,040 boe/d (7%) from Q1-2019; ø Positive first quarter funds flow of $15.2 m
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