TransGlobe Energy Corporation

Recent News

  • TransGlobe Energy Corporation Announces Closing of Its Merger with VAALCO Energy, Inc.

    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...

    2022-10-14 2:00 AM EDT
  • TransGlobe Energy Corporation Announces Court Approval for the Plan of Arrangement

    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...

    2022-10-12 2:00 AM EDT
  • TransGlobe Energy Corporation Announces Shareholder Approval for the Plan of Arrangement

    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"),...

    2022-10-07 12:18 PM EDT
  • TransGlobe Provides an Updated Transaction Timetable for the Special Meeting of TransGlobe Shareholders to Consider the Business Combination with VAALCO Energy

    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")...

    2022-10-03 2:00 AM EDT
  • 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