Q2 FINANCIAL HIGHLIGHTS Production volumes averaged 15,064 Bopd and sales volumes averaged 14,251 Bopd in Q2 2015 Positive funds flow of 7.0MM (0.09/share-diluted) Achieved operating expense reductions of 1.3MM, an 8% decrease over Q1…
Q2 NETBACKS ACTUAL SALES PRODUCTION - AS IF SOLD EGYPT MM /Bbl % MM /Bbl % Sales 62.9 48.48 66.5 48.48 Royalties 28.7 22.13 46% 28.7 20.93 43% Current taxes 7.6 5.83 12% 7.6 5.52 11% Production and operating 12.8 9.85 20% 13.7 9.98…
OIL MARKETING Marketing has improved liquidity, AR outstanding and Months outstanding decreased credit risk and resulted 250,000 15 in West Bakr production being 200,000 sold at market price 150,000 10 TransGlobe marketed and…
CURRENT DAILY PRODUCTION TRANSGLOBE TOTAL DAILY 20,000 Production (bopd) 15,000 10,000 Block 32 Block S-1 5,000 East Ghazalat West Bakr West Gharib 0 Jul-14 Sep-14 Nov-14 Jan-15 Mar-15 May-15 Jul-15 Q3…
EXPLORATION UPDATE BUILDING INVENTORY FOR 2016 Central Graben N Horst W Graben E Horst NW Gharib is most advanced for Clamshell N S Horst prospect generation S Graben 5 play types identified, and 25 leads Clamshell mid…