SC 13G/A - TRANSGLOBE ENERGY CORP (0000736744) (Subject)

SC 13G - TRANSGLOBE ENERGY CORP (0000736744) (Subject)

SC 13G/A - TRANSGLOBE ENERGY CORP (0000736744) (Subject)

Calgary, Alberta--(Newsfile Corp. - March 28, 2022) - TransGlobe Energy Corporation (TSX:TGL) (NASDAQ:TGA) (AIM: TGL) ("TransGlobe" or the "Company") announces changes to the Company's Board of Directors.CHANGES TO THE BOARD OF DIRECTORSRetiring DirectorAs part of the Board succession plan and following the appointment of Ms. Jennifer Kaufield to TransGlobe's Board of Directors in January 2022, Mr. Steven Sinclair chose to retire from the Board effective March 25, 2022. Ms. Kaufield has assumed the role of Audit Committee Chair and the Audit Committee will consist of Ms. Jennifer Kaufield, Mr. Edward LaFehr, and Mr. Ross Clarkson.Mr. Sinclair is a long serving director who joined TransGlobe

Calgary, Alberta--(Newsfile Corp. - January 3, 2022) - TransGlobe Energy Corporation (AIM: TGL) (TSX:TGL) (NASDAQ:TGA) ("TransGlobe" or the "Company") announces changes to the composition of the Company's Board of Directors.CHANGES TO THE BOARD OF DIRECTORSAppointment of Jennifer Kaufield TransGlobe is pleased to announce the appointment of Ms. Jennifer Ann Kaufield (nee Smith) of Calgary, Alberta as an Independent Non-Executive Director effective January 1, 2022. Ms. Kaufield (age 54) is an independent businesswoman with over 30 years of experience in private and public corporations both domestic and international, bringing a wealth of diversified experience to her role at TransGlobe. Ms. K

The information contained within this Announcement is deemed by TransGlobe Energy Corporation to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018 ("MAR").Calgary, Alberta--(Newsfile Corp. - August 10, 2022) - TransGlobe Energy Corporation (AIM: TGL) (TSX:TGL) (NASDAQ:TGA) ("TransGlobe" or the "Company") is pleased to announce its financial and operating results for the three and six months ended June 30, 2022. All dollar values are expressed in United States dollars unless otherwise stated. TransGlobe's Condensed Consolidated Financial Statements together with the

HOUSTON and CALGARY, Alberta, July 14, 2022 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE:EGY, LSE: EGY))) ("VAALCO") and TransGlobe Energy Corporation (TSX:TGL, NASDAQ:TGA, AIM: TGL))) ("TransGlobe") (VAALCO and TransGlobe together, the "Combined Company") announced today that they have entered into a definitive arrangement agreement (the "Arrangement Agreement") pursuant to which VAALCO will acquire all of the outstanding common shares of TransGlobe in a stock-for-stock strategic business combination transaction valued at US$307 million (the "Transaction"). Under the terms of the Arrangement Agreement, VAALCO will acquire each TransGlobe share for 0.6727 of a VAALCO share of common stock

Calgary, Alberta--(Newsfile Corp. - June 20, 2022) - TransGlobe Energy Corporation (TSX:TGL) (NASDAQ:TGA) (AIM: TGL) ("TransGlobe" or the "Company") announces an operations update. All dollar values are expressed in US dollars unless otherwise stated.OVERVIEWProduction averaged 12.1 MBoepd in Q2, 2022 to 11 June (See "Oil & Gas Advisories" for production by product type);Full Canadian production restored in May following completion of planned maintenance at a major processing plant owned by a third party. Canadian June production has averaged 2,727 boed for the month to 11 June following the turnaround;As budgeted, production in Canada will be impacted over the coming quarter as wells will

The information contained within this Announcement is deemed by TransGlobe Energy Corporation to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018 ("MAR").Calgary, Alberta--(Newsfile Corp. - May 11, 2022) - TransGlobe Energy Corporation (AIM: TGL) (TSX:TGL) (NASDAQ:TGA) ("TransGlobe" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2022. All dollar values are expressed in United States dollars unless otherwise stated. TransGlobe's Condensed Consolidated Financial Statements together with the notes rel

Calgary, Alberta--(Newsfile Corp. - April 6, 2022) - TransGlobe Energy Corporation (TSX:TGL) (NASDAQ:TGA) (AIM: TGL)  ("TransGlobe" or the "Company") announces an operations update. All dollar values are expressed in US dollars unless otherwise stated.OVERVIEWProduction averaged 12.4 MBoepd in Q1, 2022 (See "Oil & Gas Advisories" for production by product type);Two 100% working interest (one 2-mile, one 1-mile) Canada Harmattan horizontal Cardium reservoir development wells were drilled in Q1, 2022;Drilled and cased three Egypt Eastern Desert development wells in Q1, 2022;Production has been restored at the South Ghazalat SGZ-6X well; A cargo of Egypt crude oil is scheduled to lift through t

The information contained within this Announcement is deemed by TransGlobe Energy Corporation to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018 ("MAR").Calgary, Alberta--(Newsfile Corp. - March 17, 2022) - TransGlobe Energy Corporation (AIM: TGL) (TSX:TGL) (NASDAQ:TGA) ("TransGlobe" or the "Company") is pleased to announce its financial and operating results for the three months and year ended December 31, 2021. All dollar values are expressed in United States dollars unless otherwise stated. TransGlobe's Consolidated Financial Statements together with the notes

The information contained within this Announcement is deemed by TransGlobe Energy Corporation to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018 ("MAR").Calgary, Alberta--(Newsfile Corp. - March 16, 2022) - TransGlobe Energy Corporation (TSX:TGL) (NASDAQ:TGA) (AIM: TGL) ("TransGlobe" or the "Company") announces that its Board of Directors has declared a dividend of US$0.10 per common share, which will be paid in cash on May 12, 2022 to shareholders of record on April 29, 2022. The ex-dividend date is April 28, 2022.The dividend is designated as an eligible dividend

The information contained within this Announcement is deemed by TransGlobe Energy Corporation to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018 ("MAR").Calgary, Alberta--(Newsfile Corp. - March 7, 2022) - TransGlobe Energy Corporation (AIM: TGL) (TSX:TGL) (NASDAQ:TGA) ("TransGlobe" or "Company") is pleased to announce the results of its independent reserves evaluation ("Reserves Evaluation") for the year ended December 31, 2021 as prepared by GLJ Ltd. ("GLJ"). All dollar values are expressed in US dollars unless otherwise stated. HIGHLIGHTSProved Developed Produc

Calgary, Alberta--(Newsfile Corp. - January 27, 2022) - TransGlobe Energy Corporation (AIM: TGL) (TSX:TGL) (NASDAQ:TGA) ("TransGlobe" or the "Company") announces its 2022 capital budget and production guidance. All dollar values are expressed in US dollars unless otherwise stated.2022 BUDGET HIGHLIGHTS2022 capital budget of $57.7MM (before capitalized G&A);Egypt $33.1MMCanada $24.6MMInvestment is spread evenly throughout the year and 2022 average production guidance is set at 12.4 to 13.4 MBoepd with a midpoint of 12.9 MBoepd:Egypt 10.0 - 10.8 MBopd;Canada 2.4 - 2.6 MBoepd;Company expects exit production to be in the range of 12.8 to 14.2 MBoepd, representing a year over year increase of ap

The information contained within this Announcement is deemed by TransGlobe Energy Corporation to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018 ("MAR")Calgary, Alberta--(Newsfile Corp. - January 20, 2022) - TransGlobe Energy Corporation (AIM: TGL) (TSX:TGL) (NASDAQ:TGA) ("TransGlobe" or the "Company") announces execution of the new concession agreement consolidating and amending its three existing Eastern Desert concession agreements (West Gharib, West Bakr and North West Gharib) (the "Agreement"). All dollar values are expressed in US dollars unless otherwise sta

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6-K - TRANSGLOBE ENERGY CORP (0000736744) (Filer)

6-K - TRANSGLOBE ENERGY CORP (0000736744) (Filer)

Calgary Alberta--(Newsfile Corp. - October 14, 2022) - TransGlobe Energy Corporation (NASDAQ:TGA) (TSX:TGL) ("TransGlobe" or the "Corporation") is pleased to announce that it has now closed its previously announced merger with VAALCO Energy, Inc. by way of plan of arrangement (the "Arrangement") pursuant to Section 193 of the Business Corporations Act (Alberta). On October 14, 2022, it is expected that common shares of TransGlobe ("TransGlobe Common Shares") will be delisted on NASDAQ and trading of TransGlobe Common Shares on AIM will be cancelled, and the Toronto Stock Exchange ("TSX") delisting is expected to occur at the close of trading today.In order for holders ("TransGlobe Shareholde

Calgary, Alberta--(Newsfile Corp. - October 12, 2022) - TransGlobe Energy Corporation (AIM: TGL) (TSX:TGL) (NASDAQ:TGA) ("TransGlobe" or the "Corporation") is pleased to announce that today it received final approval from the Court of King's Bench of Alberta for the previously announced plan of arrangement (the "Arrangement") pursuant to Section 193 of the Business Corporations Act (Alberta), pursuant to which the holders ("TransGlobe Shareholders") of common shares of TransGlobe ("TransGlobe Common Shares") will receive, for each TransGlobe Common Share held, 0.6727 of a share of common stock, par value $0.10 per share, of VAALCO Energy, Inc. (the "Transaction"). The Arrangement is expected

Calgary, Alberta--(Newsfile Corp. - October 7, 2022) -  TransGlobe Energy Corporation (AIM: TGL) (TSX:TGL) (NASDAQ:TGA) ("TransGlobe" or the "Corporation") is pleased to announce that today at its special meeting (the "Meeting") of the holders ("TransGlobe Shareholders") of common shares of TransGlobe ("TransGlobe Common Shares"), the TransGlobe Shareholders passed a special resolution (the "Arrangement Resolution") approving a plan of arrangement (the "Arrangement") pursuant to Section 193 of the Business Corporations Act (Alberta), pursuant to which VAALCO Energy Canada ULC ("AcquireCo"), will acquire all of the issued and outstanding TransGlobe Common Shares and the Corporation will becom

Calgary, Alberta--(Newsfile Corp. - October 3, 2022) - TransGlobe Energy Corporation (AIM: TGL) (TSX:TGL) (NASDAQ:TGA) ("TransGlobe" or the "Company") provides an updated transaction timetable to correspond with the postponed special meeting (the "Meeting") of the holders (the "TransGlobe Shareholders") of TransGlobe common shares ("TransGlobe Shares") to consider the special resolution (the "Arrangement Resolution") to approve the proposed plan of arrangement (the "Arrangement") to implement the business combination with VAALCO Energy, Inc. (NYSE:EGY) (LSE: EGY) ("VAALCO") (the "Transaction") rescheduled to 9:00 a.m. MT Friday October 7, 2022.UPDATED TRANSACTION TIMETABLEThe full detailed u

The TransGlobe Board believes it is in the best interests of the Company to postpone the Special Meeting to allow shareholders more time to evaluate the Transaction and cast their votesA material number of votes on the Arrangement Resolution have been received after the proxy voting deadlineCurrent voting results show only approximately 50% of the issued and outstanding TransGlobe Shares had been voted as of the proxy voting deadlineSeveral large shareholders who were previously opposed or undecided have very recently changed their views and are now supportive of the TransactionThe new deadline to vote by proxy is 9:00 a.m. MT on October 5, 2022.The TransGlobe Board continues to unanimously

Calgary, Alberta--(Newsfile Corp. - September 27, 2022) - TransGlobe Energy Corporation (AIM: TGL) (TSX:TGL) (NASDAQ:TGA) ("TransGlobe" or the "Company") notes the positive update issued by VAALCO Energy, Inc. (NYSE:EGY) (LSE: EGY) ("VAALCO") this morning. VAALCO's announcement can be viewed here.David Cook, Chair of the Board of TransGlobe commented:"VAALCO continues to make positive progress with its ongoing Etame drilling programme with the successful drilling of the North Tchibala 2H-ST well. Today's operational update highlights VAALCO's attractive asset base and supports the Board's existing recommendation to combine to create a world-class African-focused E&P company with a diversifie

Calgary, Alberta--(Newsfile Corp. - September 26, 2022) - TransGlobe Energy Corporation (AIM: TGL) (TSX:TGL) (NASDAQ:TGA) ("TransGlobe" or the "Company") notes the positive update issued by VAALCO Energy, Inc. (NYSE:EGY) (LSE: EGY) ("VAALCO") this morning announcing that the Government of Equatorial Guinea has approved the Venus - Block P Plan of Development ("POD"). The approval of the POD substantially adds to the proposed joint African portfolio of TransGlobe and VAALCO as it will materially increase the combined company's 2P reserves. David Cook, Chair of the Board of TransGlobe commented:"Today's update further supports the Board's existing recommendation to combine with VAALCO to creat

Calgary, Alberta--(Newsfile Corp. - September 22, 2022) - TransGlobe Energy Corporation (AIM: TGL) (TSX:TGL) (NASDAQ:TGA) ("TransGlobe" or the "Company") is pleased to announce that it has received confirmation that Glass Lewis & Co. ("Glass Lewis"), a leading proxy advisory service company, has analysed the all-share business combination (the "Proposed Transaction" or the "Transaction") with VAALCO Energy, Inc. (NYSE:EGY) (LSE: EGY) ("VAALCO") and has recommended that shareholders vote FOR the proposed transaction. Following an analysis of the transaction, Glass Lewis conclude that the underlying strategic rationale for the proposed merger is "straightforward and sensible", and concurs wi

Calgary, Alberta--(Newsfile Corp. - September 21, 2022) - TransGlobe Energy Corporation (AIM: TGL) (TSX:TGL) (NASDAQ:TGA) ("TransGlobe" or the "Company") is pleased to note the updated report issued by a leading proxy advisor, Institutional Shareholder Services ("ISS"), recommends its institutional clients vote FOR the proposed business combination ("Proposed Transaction") of TransGlobe and VAALCO Energy, Inc. (NYSE:EGY) (LSE: EGY) ("VAALCO") to create a world-class African-focused E&P company supporting sustainable shareholder returns and growth.Following a re-evaluation due to concerns recently raised by a shareholder of TransGlobe, ISS has again concluded that the proposed transaction is

Calgary, Alberta--(Newsfile Corp. - September 14, 2022) - TransGlobe Energy Corporation (AIM: TGL) (TSX:TGL) (NASDAQ:TGA) ("TransGlobe" or the "Company") is pleased to note the reports issued by a leading proxy advisor, Institutional Shareholder Services ("ISS") and its unanimous recommendation that its institutional clients vote FOR the proposed business combination of TransGlobe and VAALCO Energy, Inc. (NYSE:EGY) (LSE: EGY) ("VAALCO") at the special meeting of the shareholders of TransGlobe (the "Meeting") to create a world-class African-focused E&P company.TransGlobe welcomes the findings and analysis from ISS noting the "solid strategic rationale" for the combination and the potential up

HOUSTON, Oct. 07, 2022 (GLOBE NEWSWIRE) -- VAALCO Energy, Inc. (NYSE: "EGY"; LSE: "EGY") ("VAALCO" or the "Company")  announced that the stockholders of TransGlobe Energy Corporation (AIM & TSX: "TGL" & NASDAQ: "TGA") ("TransGlobe") approved the proposed strategic business combination with VAALCO at a Special Meeting held earlier today. As previously disclosed, VAALCO's stockholders approved the combination at its special meeting of stockholders held on September 29, 2022.   George Maxwell, VAALCO's Chief Executive Officer commented, "We are excited for this business combination and appreciate the strong support we received from both sets of stockholders. The combination of these two compan

Calgary, Alberta--(Newsfile Corp. - October 7, 2022) -  TransGlobe Energy Corporation (AIM: TGL) (TSX:TGL) (NASDAQ:TGA) ("TransGlobe" or the"Corporation")is pleased to announce that today at its special meeting (the "Meeting") of the holders ("TransGlobe Shareholders") of common shares of TransGlobe ("TransGlobe Common Shares"), the TransGlobe Shareholders passed a special resolution (the "Arrangement Resolution") approving a plan of arrangement (the "Arrangement") pursuant to Section 193 of the Business Corporations Act (Alberta), pursuant to which VAALCO Energy Canada ULC ("AcquireCo"), will acquire all of the issued and outstanding TransGlobe Common Shares and the Corporation will become

U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 300 points on Friday. The Dow traded down 1.64% to 29,435.14 while the NASDAQ fell 3% to 10,741.38. The S&P 500 also fell, dropping, 2.17% to 3,663.23. Also check this: Dow Dips Over 300 Points, Volatility In Markets Increases Leading and Lagging Sectors Energy shares jumped by 0.8% on Friday. Leading the sector was strength from TransGlobe Energy Corporation (NYSE:TGA) and Nine Energy Service, Inc. (NYSE:NINE). In trading on Friday, information technology shares fell by 3.4%. Top Headline   The US economy added 263,000 jobs in September, the least since April 2021, but still above ana

 TransGlobe Energy Corporation (AIM: TGL) (TSX:TGL) (NASDAQ:TGA) ("TransGlobe" or the "Company") notes the positive update issued by VAALCO Energy, Inc. (NYSE:EGY) (LSE: EGY) ("VAALCO") this morning. VAALCO's announcement can be viewed here. David Cook, Chair of the Board of TransGlobe commented: "VAALCO continues to make positive progress with its ongoing Etame drilling programme with the successful drilling of the North Tchibala 2H-ST well. Today's operational update highlights VAALCO's attractive asset base and supports the Board's existing recommendation to combine to create a world-class African-focused E&P company with a diversified portfolio of development assets with significant up

What are Value Stocks? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Below is a list of notable value stocks in the energy sector: TransGlobe Energy (NASDAQ:TGA) - P/E: 1.73 Callon Petroleum (NYSE:CPE) - P/E: 2.38 Phillips 66 (NYSE:PSX) - P/E: 6.89 Ovintiv (NYSE:OVV) - P/E: 5.22 Sunoco (NYSE:SUN) - P/E: 7.14 Most recently, TransGlobe Energy reported earnings per share at $0.44, whereas in Q1 earnings per share sat at $0.66. Most recently, the company reported a dividend yield o

What are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Benzinga Insights has compiled a list of value stocks in the energy sector that may be worth watching: Holly Energy Partners (NYSE:HEP) - P/E: 9.92 Centennial Resource Dev (NASDAQ:CDEV) - P/E: 6.19 Ring Energy (AMEX:REI) - P/E: 4.21 TransGlobe Energy (NASDAQ:TGA) - P/E: 1.95 Del

What Defines a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Benzinga Insights has compiled a list of value stocks in the energy sector that may be worth watching: Earthstone Energy (NYSE:ESTE) - P/E: 6.53 SilverBow Resources (NYSE:SBOW) - P/E: 6.44 TransGlobe Energy (NASDAQ:TGA) - P/E: 2.07 PBF Logistics (NYSE:PBFX) - P/E: 7.85 Epsilon Energy (NASDAQ:EPSN) - P/E: 6.99 This quarter, Earthstone Energy experienced an increase in earnings per share, which was $0.78 in

Gainers IZEA Worldwide, Inc. (NASDAQ:IZEA) shares rose 30.8% to $1.19 in pre-market trading after the company reported a second-quarter revenue increase of 96% year-over-year to $12.58 million, beating the consensus of $9.75 million. GreenBox POS (NASDAQ:GBOX) shares rose 29.9% to $1.65 in pre-market trading as the company reported better-than-expected Q2 sales. TransGlobe Energy Corporation (NASDAQ:TGA) rose 20% to $3.96 in pre-market trading after declining 4% on Monday. Ginkgo Bioworks Holdings, Inc. (NYSE:DNA) shares rose 17.5% to $4.10 in pre-market trading after the company said Q2 sales results were up year over year and raised FY22 sales guidance above estimates. Mainz Biome

The Meaning Behind Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. Below is a list of notable value stocks in the energy sector: Hoegh LNG Partners (NYSE:HMLP) - P/E: 7.5 Eni (NYSE:E) - P/E: 4.76 Vista Energy (NYSE:VIST) - P/E: 5.14 TransGlobe Energy (NASDAQ:TGA) - P/E: 2.34 California Resources (NYSE:CRC) - P/E: 6.92 Hoegh LNG Partners has reported Q1 earnings per share at $0.49, which has increased by 32.43% compared to Q4, which was 0.37. Its most recent d