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TRANSGLOBE ENERGY CORP (TGA)
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QUOTE AND NEWS
TransGlobe Energy Corp. (TGA) Reports Q1 FFO of $0.48
StreetInsider.com  May 7  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/TransGlobe+Energy+Corp.+%28TGA%29+Reports+Q1+FFO+of+%240.48/7407575.html for the full story.
TransGlobe's profit rises on output, oil price
Reuters  May 7  Comment 
TransGlobe Energy Corp's quarterly profit rose nearly four times on increased production and higher oil prices.
Potential Transglobe Energy (TGA) Trade Has $11.60 Breakeven
Market Intelligence Center  May 1  Comment 
Transglobe Energy (NASDAQ: TGA) closed Monday's trading session at $13.75. In the past year, the stock has hit a 52-week low of $6.75 and 52-week high of $15.62. Transglobe Energy (TGA) stock has been showing support around $13.46 and resistance...
TransGlobe Apartment REIT in $1B privatization deal
CBC.ca  Apr 26  Comment 
TransGlobe Apartment Real Estate Investment Trust (REIT) has reached a purchase agreement with Starlight Investments, owned by one of Canada's biggest landlords, in a development that could affect tenants across the country.
Ampio Reaches Agreement with the TGA for the Submission Plan for Zertane in Australia
Benzinga  Apr 2  Comment 
Ampio Pharmaceuticals, Inc. (NASDAQ: AMPE) announced today that it reached agreement with the Therapeutic Goods Administration, Canberra, Australia, on a plan of drug manufacture and quality control for Zertane™ and the overall plan for the...
Bioline Receives Clearance from TGA for the Commercialization in Australia of the New Molecular Test illumigene® Group B Streptococcus
Benzinga  Mar 21  Comment 
Bioline, The PCR Company, a wholly-owned subsidiary of Meridian Bioscience, Inc. (NASDAQ: VIVO), today announced that it has received clearance from the Therapeutic Goods Administration (TGA) for its illumigene Group B Streptococcus (GBS) test,...
Meridian Bioscience (VIVO) Unit Gets TGA Clearance for Illumigene GBS Test
StreetInsider.com  Mar 21  Comment 
TransGlobe 4th-qtr profit rises on output, crude prices
Reuters  Mar 8  Comment 
TransGlobe Energy Corp's quarterly profit rose more than three times, helped by higher production and oil prices, and the Canadian oil and gas company expects 2012 output to rise by up to 65 percent.
TGA Insurance Managers Adds Gallien in Oil & Gas Unit
Insurance Journal  Feb 23  Comment 
TGA Insurance Managers Inc., a subsidiary of Texas-based Hallmark Financial Services Inc., has hired Michael Gallien as product manager for its oil and gas program. Prior to joining TGA, Gallien worked at Chartis from 2009 to 2011 as an energy …
TGA Insurance Managers, Inc. Announces the Hiring of Michael Gallien
Globe Newswire  Feb 22  Comment 
SAN ANTONIO, Texas, Feb. 22, 2012 (GLOBE NEWSWIRE) -- TGA Insurance Managers, Inc. ("TGA"), a wholly-owned subsidiary of Hallmark Financial Services, Inc., announced today the hiring of Michael Gallien to serve as Product Manager for its Oil and Gas
Transglobe Energy (TGA) Could Fall Through $10.30 Support Level
Market Intelligence Center  Feb 21  Comment 
Transglobe Energy (NASDAQ: TGA) closed Friday's trading session at $10.71. In the past year, the stock has hit a 52-week low of $6.75 and 52-week high of $15.82. Transglobe Energy (TGA) stock has been showing support around $10.30 and resistance...




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TOP CONTRIBUTORS
Sr. Associate
Domenic Strazzulla

Overview

TransGlobe Energy Corporation was incorporated on August 6, 1968. The Company changed its name to TransGlobe Energy Corporation on April 2, 1996. TransGlobe, through its wholly owned subsidiaries, is primarily engaged in the exploration for, and the development and production of, oil and gas in the Arab Republic of Egypt and in the Republic of Yemen. TransGlobe is an independent, Canadian-based oil and gas company whose main business activities include exploration, development and production of crude oil, natural gas liquids and natural gas. The Company has exploration and production operations in the Republic of Yemen and in the Arab Republic of Egypt. TransGlobe Energy had a production project in Canada, bu sold it in Q2 2008 for 56.7 Million CDN.











Hedging

Period Volume Type Pricing Put-Call

Crude Oil September 1, 2007- Financial 

August 31, 2008            15,000 Bbls/month    Collar       $60.00-$78.55

January 1, 2008- Financial 

December 31, 2008          12,000 Bbls/month    Collar       $60.00-$81.20

January 1, 2009- Financial 

December 31, 2009          12,000 Bbls/month    Collar       $60.00-$82.10

September 1, 2008- Financial 

January 31, 2009           11,000 Bbls/month    Collar       $60.00-$88.80

February 1, 2009- Financial 

December 31, 2009           6,000 Bbls/month    Collar       $60.00-$86.10

January 1, 2010- Financial 

August 31, 2010            12,000 Bbls/month    Collar       $60.00-$84.25


TransGlobe hedged about 26% of 2008 production at $82 a barrel and 12% of 2009 production at the same price level.




References

http://www.earthtimes.org/articles/show/transglobe-energy-2008-second-quarter-interim-report-and-news-release,496839.shtml http://www.domenicstrazzulla.com/2008/08/tga-potential-upside-with-a-nice-price-floor/

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