Transglobe Energy Co.

TGA's 2Q 2022 petroleum and natural gas sales increased by 29% YoY to $109 million. I predict a 3Q 2022 crude oil average realized price of $87 per barrel for TGA.» Mehr auf seekingalpha.com

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of TransGlobe Energy Corporation (NasdaqCM: TGA) to VAALCO Energy, Inc. (NYSE: EGY). Under the terms of the proposed transaction, shareholders of TransGlobe will receive 0.6727 of a VAALCO share for each share of TransGlobe that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-tga/ to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.» Mehr auf businesswire.com

VAALCO Energy is acquiring TransGlobe Energy for 0.6727 VAALCO shares per TransGlobe share. The transaction may close in somewhere around 137 days.» Mehr auf seekingalpha.com