TransGlobe Energy Corporation is a Canadian-based, publicly-traded oil exploration and production company whose activities are concentrated in Egypt and Canada.
- TransGlobe has producing assets in Canada located in the Harmattan area in central Alberta, approximately 80 km North of Calgary
- TransGlobe has 100% working interest in five Concession Blocks, three producing development blocks in Eastern desert and two exploration concession blocks in Western Desert in Egypt.
- TransGlobe鈥檚 major operations and principle activities are in the oil and gas exploration and production business.
TransGlobe is in a strong financial position and is well positioned to weather the downturn in world oil prices. TransGlobe鈥檚 strong balance sheet is a direct reflection of management鈥檚 commitment to diligent stewardship of the Company鈥檚 capital programs and debt levels.
Growth Financed from Funds Flow and Equity
Low operating costs, low finding and development costs providing high recycle ratios which have generated high investment returns and significant funds flow and earnings.
NewsroomJul 10, 2019
NewsroomJun 25, 2019