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Stocks in play: TransGlobe Energy Corporation

Baystreet.ca
Updated

Announced an operations update. All dollar values are expressed in U.S. dollars unless otherwise stated. Corporate production during the quarter averaged 14.8 MBoepd in July, 13.5 MBoepd in August and 14.4 MBoepd to date in September. The company received proceeds of $59 million during the third quarter for cargos lifted in June and July. The company also drilled and preparing to abandon NW Sitra 12 exploration well (Jurassic target). The company drilled two successful oil wells in M Pool in the West Bakr. TransGlobe Energy Corporation shares T.TGL are trading up $0.11 at $4.56.