TransGlobe | Egypt Oil & Gas - Part 3

TransGlobe Produces 11,776 b/d of Oil in Egypt

TransGlobe Energy Corporation has announced that it produced 11,776 barrel per day (b/d) of oil from its Egyptian fields during Q1 2018, Egypt Oil & Gas reports. The company completed drilling the K-46 development...

TransGlobe Increases Output by 27%

TransGlobe Energy Corporation announced that its production had increased by 27% in 2017, Egypt Oil & Gas reports. Output is expected to average 15.4 million barrels of oil equivalent per day (mboe/d), a marked in...

TransGlobe Produced 12.2M boe/d in Q3 2017

TransGlobe Energy Corporation produced 12.2 million barrels of oil equivalent per day (boe/d) in Egypt during the third quarter of 2017, Egypt Oil & Gas reports. The company announced that the total production dro...

TransGlobe Produces 13,851 b/d of Crude

TransGlobe Energy Corporation announced production rates of 13,851 barrels per day (b/d) of oil from its Egyptian fields during the second quarter of 2017, Egypt Oil & Gas reports. The company sold around 302,648 ...

IRE Settled East Ghazalat’s Loan

Independent Resources Egypt Ltd (IRE), an Egyptian joint venture between the two british firms Nostra Terra Oil and Gas Company and Independent Resources Plc , agreed to pay $200,000 to TransGlobe Petroleum Internatio...

Nostra Terra Acquires 50% of Transglobe Concession in Western Desert

A partnership between Nostra Terra and Independent Resources have announced the group’s first North Africa acquisition—a 50% stake in Transglobe’s East Ghazalat concession reported Energy Voice. US-based Nostra Terra ...

TransGlobe Energy Corporation Announces New Concessions Ratified in Egypt

TransGlobe Energy Corporation is pleased to announce the ratification of four new Production Sharing Concessions in Egypt. TransGlobe has received written notice from the Egyptian Government that the four Production S...

TransGlobe Announces North Dabaa New Oil Discovery

TransGlobe Energy Corporation is pleased to announce a successful Jurassic gas/condensate test in the Western Desert at North Dabaa 1X. East Ghazalat Block, Arab Republic of Egypt (50% working interest, non-operated) ...

TransGlobe Energy shares rise on report of Egypt block wins

Shares of TransGlobe, which has oil interests in Egypt and Yemen, rose as much as 14 per cent to a six-month high of C$12.45 on Friday on the Toronto Stock Exchange. “What I can confirm is we did bid on four blo...

TransGlobe Expands Footprint in Western Desert of Egypt

TransGlobe Energy Corporation announces the signing of a Share Purchase Agreement (the “SPA”) with two United States based energy companies (collectively, the “Vendors”) to acquire the shares o...

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