TransGlobe Energy Corporation

Recent News

  • TransGlobe Energy Announces Postponement of the Special Meeting to October 7, 2022

    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...

    2022-09-29 2:00 AM EDT
  • TransGlobe Energy Notes VAALCO Energy's Successful Drilling of the North Tchibala 2H-ST Well and Operational Update on FSO and Field Reconfiguration at Etame

    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...

    2022-09-27 4:11 PM EDT
  • TransGlobe Energy Welcomes the Approval of VAALCO Energy's Plan of Development for Discovery on Block P in Equatorial Guinea

    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...

    2022-09-26 3:33 PM EDT
  • Glass Lewis Joins ISS in Recommending Shareholders Vote FOR TransGlobe's Proposed Combination with VAALCO

    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...

    2022-09-22 2:00 AM EDT
  • TransGlobe Energy Corporation: Your Vote Is Important Please Vote Your Proxy Today

    Calgary, Alberta--(Newsfile Corp. - September 22, 2022) - TransGlobe Energy Corporation (TSX: TGL)Dear Shareholder:We recently mailed you proxy materials in connection with the special meeting of shareholders of TransGlobe Energy Corporation ("TransGlobe") scheduled to be held on September 29, 2022. Your voting participation is requested for this important meeting. Please vote your proxy today. Internet and telephone voting are available for your convenience.As set forth in the materials sent to you, at the special meeting, TransGlobe shareholders are being asked...

    2022-09-22 2:00 AM EDT
  • ISS Concludes that TransGlobe Shareholders Vote FOR the Proposed Business Combination with VAALCO Energy, Inc.

    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...

    2022-09-21 9:00 PM EDT
  • TransGlobe Board Unanimously Continues to and Proxy Advisor ISS Recommends that Shareholders Vote FOR the Proposed Business Combination with VAALCO

    Calgary, Alberta--(Newsfile Corp. - September 16, 2022) - TransGlobe Energy Corporation (TSX: TGL) ("TransGlobe" or the "Company") today issued the following statement in response to press releases issued by Horizon Partners ("Horizon") on 13 and 14 September 2022 concerning TransGlobe's unanimously recommended all-share business combination (the "Proposed Transaction") with VAALCO Energy, Inc. (NYSE: EGY) (LSE: EGY) ("VAALCO"). While TransGlobe welcomes constructive strategic input focused on enhancing shareholder value, TransGlobe firmly believes the assertions in Horizon's press release to be...

    2022-09-16 2:00 AM EDT
  • ISS Recommends TransGlobe Shareholders Vote FOR The Proposed Business Combination with VAALCO Energy, Inc.

    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...

    2022-09-14 2:00 AM EDT