{"id":641348,"date":"2017-09-19T04:05:45","date_gmt":"2017-09-19T04:05:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/transglobe-well-positioned-for-growth-in-egypt-ceo-says\/"},"modified":"2017-09-19T04:05:45","modified_gmt":"2017-09-19T04:05:45","slug":"transglobe-well-positioned-for-growth-in-egypt-ceo-says","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/transglobe-well-positioned-for-growth-in-egypt-ceo-says\/","title":{"rendered":"TransGlobe well-positioned for growth in Egypt, CEO says"},"content":{"rendered":"

TransGlobe will be developing new oil fields in Egypt\u2019s Eastern Desert along with a field in the Western Desert, TransGlobe Energy CEO Ross Clarkson tells Proactive Investors Stocktube<\/a> (runtime: 5:15). The company has five production sharing contracts in Egypt producing 13,300 bpd of oil, Clarkson says. He says issues regarding receivables were resolved \u201cabout two years ago.\u201d Clarkson is saying TransGlobe is considering listing away from North America as there are more shareholders who are comfortable with investing in Egypt \u201con this side of the Atlantic.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

TransGlobe will be developing new oil fields in Egypt\u2019s Eastern Desert along with a field in the Western Desert, TransGlobe Energy CEO Ross Clarkson tells Proactive Investors Stocktube (runtime: 5:15). The company has five production sharing contracts in Egypt producing 13,300 bpd of oil, Clarkson says. He says issues regarding receivables were resolved \u201cabout two […]<\/p>\n","protected":false},"author":1,"featured_media":641349,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-641348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"1107834a-051a-45aa-87e6-68d5de011f69","order":"0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2017\/9\/1313.png","photo_position":"above","related_issue":[641325],"teaser":"","voice_url":""},"yoast_head":"\nTransGlobe well-positioned for growth in Egypt, CEO says - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/transglobe-well-positioned-for-growth-in-egypt-ceo-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TransGlobe well-positioned for growth in Egypt, CEO says\" \/>\n<meta property=\"og:description\" content=\"TransGlobe will be developing new oil fields in Egypt\u2019s Eastern Desert along with a field in the Western Desert, TransGlobe Energy CEO Ross Clarkson tells Proactive Investors Stocktube (runtime: 5:15). The company has five production sharing contracts in Egypt producing 13,300 bpd of oil, Clarkson says. He says issues regarding receivables were resolved \u201cabout two […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/transglobe-well-positioned-for-growth-in-egypt-ceo-says\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-19T04:05:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2017\/9\/1313.png?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/transglobe-well-positioned-for-growth-in-egypt-ceo-says\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/transglobe-well-positioned-for-growth-in-egypt-ceo-says\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"TransGlobe well-positioned for growth in Egypt, CEO says\",\"datePublished\":\"2017-09-19T04:05:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/transglobe-well-positioned-for-growth-in-egypt-ceo-says\/\"},\"wordCount\":93,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/transglobe-well-positioned-for-growth-in-egypt-ceo-says\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2017\/9\/1313.png?fit=%2C&ssl=1\",\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/transglobe-well-positioned-for-growth-in-egypt-ceo-says\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/transglobe-well-positioned-for-growth-in-egypt-ceo-says\/\",\"name\":\"TransGlobe well-positioned for growth in Egypt, CEO says - 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The company also said that it successfully began production from two wells in West Bakr in the Eastern Desert, with output from each well currently\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638927,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/transglobe-says-its-production-drops-q-o-q-over-delays-in-egypt\/","url_meta":{"origin":641348,"position":1},"title":"TransGlobe says its production drops q-o-q over delays in Egypt","author":"enterpriseam admin","date":"17 October 2017","format":false,"excerpt":"TransGlobe Energy said production in 3Q2017 dropped q-o-q and was impacted by delays in well servicing in Egypt during August and September, in its 3Q2017 Operations Update. It had released the workover\/completion rig supporting the Eastern Desert operations in early August due to escalating safety and performance issues but that\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":542887,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/23\/more-oil-investment-from-transglobe-pharos\/","url_meta":{"origin":641348,"position":2},"title":"More oil investment from Transglobe + Pharos","author":"enterpriseam admin","date":"23 January 2022","format":false,"excerpt":"Transglobe, Pharos Energy sign USD 506 mn oil E&P agreements: The Oil Ministry signed oil exploration and production agreements with Canada\u2019s Transglobe and London-based Pharos Energy that will see them spend a combined minimum of USD 506 mn, in addition to a USD 67 mn signing bonus, according to a\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/271.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621968,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/transglobe-announces-capacity-from-well-at-western-desert-concession\/","url_meta":{"origin":641348,"position":3},"title":"TransGlobe announces capacity from well at Western Desert concession","author":"enterpriseam admin","date":"22 November 2018","format":false,"excerpt":"TransGlobe Energy announced on Monday that its SGZ 6X exploration well in the Western Desert\u2019s South Ghazalat concession has a combined capacity of 3,840 bpd of oil and 2.4 mcf\/d of natural gas. The company\u2019s tests on the well\u2019s upper and lower formations were positive and have prompted it to\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569950,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/energy-companies-in-egypt-are-adapting-to-the-new-realities-in-the-oil-markets\/","url_meta":{"origin":641348,"position":4},"title":"Energy companies in Egypt are adapting to the new realities in the oil markets","author":"enterpriseam admin","date":"12 March 2020","format":false,"excerpt":"The collapse in oil prices is forcing energy companies in Egypt onto the defensive: Energy companies operating in Egypt, including Pharos Energy and TransGlobe Energy, are responding to oil market volatility by slashing spending and adjusting production metrics in 2020, Energy Voice reports. Pharos plans to spend USD 45 mn,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/3\/155.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":637248,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/transglobe-increases-production-records-3q2017-loss\/","url_meta":{"origin":641348,"position":5},"title":"TransGlobe increases production, records 3Q2017 loss","author":"enterpriseam admin","date":"12 November 2017","format":false,"excerpt":"TransGlobe Energy announced 3Q2017 production increased by 27% y-o-y to 14.9k boepd on increased volumes in Egypt and an acquisition in Canada, according to the company\u2019s earnings release. TransGlobe recorded a net loss of USD 6.9 mn during the quarter and attributes it to a USD 10.3 mn impairment loss\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=641348"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641348\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/641325"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/641349"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=641348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=641348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=641348"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=641348"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=641348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}