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BRIEF-Transglobe Energy Corporation Q1 Loss Per Share $0.12

Published 2019-05-13, 02:17 a/m
BRIEF-Transglobe Energy Corporation Q1 Loss Per Share $0.12

May 13 (Reuters) - TransGlobe Energy Corp TGL.TO :

* TRANSGLOBE ENERGY CORPORATION ANNOUNCES FIRST QUARTER 2019 FINANCIAL AND OPERATING RESULTS

* TRANSGLOBE ENERGY - PRODUCTION FOR THREE MONTHS ENDED MARCH 31, 2019 AVERAGED 15,924 BOE/D, AN INCREASE OF 654 BOE/D (4%) FROM PREVIOUS QUARTER

* TRANSGLOBE ENERGY CORP - QTRLY LOSS PER SHARE $0.12

* TRANSGLOBE ENERGY CORP - QTRLY PETROLEUM AND NATURAL GAS SALES $69.2 MILLION VERSUS $53 MILLION LAST YEAR

* TRANSGLOBE ENERGY CORP - AS AT MARCH 31, 2019 COMPANY HAD APPROXIMATELY 647.0 THOUSAND BARRELS ("MBBLS") OF INVENTORIED ENTITLEMENT CRUDE OIL

* TRANSGLOBE ENERGY CORP - ENDED Q1 WITH POSITIVE WORKING CAPITAL OF $43.6 MILLION, INCLUDING CASH AND CASH EQUIVALENTS OF $24.7 MILLION

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