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MARKETS LIVE BLOG:

STOCKS HOLD GAINS AS DOW EXTENDS 6-DAY WINNING STREAK

Warner Bros. Discovery 'always looking at opportunities' amid Paramount buyout talks

Stocks in play: TransGlobe Energy Corporation

Baystreet.ca
Updated

Announced the test results for the South Ghazalat 6X oil discovery. The company tested a combined 3,840 Bopd of light (35-38 API) oil from individual tests in the Upper and Lower Bahariya formations in the South Ghazalat 6X exploration well; Flowed 2,437 Bopd of light oil, 21 Bpd of water and 1.4 MMCFD of natural gas on a 40/64” choke from a 42 foot perforated interval in the Lower Bahariya; Flowed 1,403 Bopd of light oil, 210 Bpd of water and 1.0 MMCFD of natural gas on a 64/64” choke from a 23 foot perforated interval in the Upper Bahariya. TransGlobe Energy Corporation shares T.TGL are trading up $0.07 at $3.06.