EGYPT: TransGlobe Energy Provides Operations Update
Eastern Desert (100% WI) The Company continued to use the EDC-64 rig in its Eastern Desert drilling campaign, managing to drill and case four additional development wells in the K-Field … Read More
Tag: South Ghazalat
EGYPT: TransGlobe Energy Reserves 155% higher in 2021
Egyptian net present value of future net revenues (2P reserves discounted at 10%, forecast pricing, after tax) increased to $289 MM, 155% higher compared to 2020, principally due to the … Read More
EGYPT: TransGlobe Energy Provides Operational Update
OVERVIEW Production averaged 12.8 MBoepd in Q4, 2021 and 12.9 MBoepd for the year ended 2021, meeting the upper end of 2021 guidance of 12-13 MBoepd. The amendment, extension and … Read More
EGYPT: Oil Production Decline Offset by Well Optimization Activities & New Drilling – TransGlobe
Eastern Desert (100% WI) The Company continues to utilize the EDC-64 rig drilling development oil wells. In West Bakr, during the quarter, the Company successfully drilled two development oil wells … Read More
TransGlobe Energy Provides Operational Update on Egypt
EASTERN DESERT West Gharib, West Bakr, and North West Gharib (100% working interest, operated) Operations and Exploration Following mobilization of the rig from the Western Desert, the Company drilled a … Read More
EGYPT: TransGlobe Energy Provides Q1 2021 Financial & Operating Results
In Egypt, the Company sold 171.9 thousand barrels of entitlement crude oil to EGPC during the quarter, and had 455.7 Mbbls of entitlement crude oil inventory at March 31, 2021. … Read More
EGYPT: TransGlobe Provides Operational Update Eastern & Western Desert
EASTERN DESERT West Gharib , West Bakr, and North West Gharib (100% working interest, operated) Operations and Exploration In Egypt, the Company contracted a workover rig to perform well interventions at West Bakr beginning … Read More
Transglobe Energy Provides Egypt’s Operations Update
UPDATES Production has averaged 14,447 Boepd in Q2 2020 to date (April 14,378 Boepd, May 14,334 Boepd and June 1 to June 19 14,740 Boepd) versus 14,997 Boepd in Q1 … Read More