| Business Summary | | TransGlobe
Energy
Corporation
(TransGlobe)
is
engaged
primarily
in
the
exploration
for,
and
development
and
production
of,
oil
and
gas
in
Montana,
and
in
Canada
and
the
Republic
of
Yemen.
The
Company's
properties
include
the
East
Meridian
Project
in
Montana;
Wildmint,
Nevis,
and
Camao
in
Canada;
and
Block
S-1
and
Block
32
in
the
Republic
of
Yemen. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Transglobe
Energy
Corp.
is
primarily
engaged
in
the
exploration
for,
development
and
production
of,
oil
and
gas
in
New
Mexico,
Montana
and
the
Republic
of
Yemen.
For
the
three
months
ended
3/31/01,
revenues
totaled
$2.5
million,
up
from
$268
thousand.
Net
income
totaled
$1
million
vs.
a
loss
of
$140
thousand.
Revenues
reflect
increased
oil
production
and
higher
gas
and
oil
prices.
Net
income
also
reflects
improved
gross
margins
and
the
absence
of
a
$70
thousand
legal
fee. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
2,488;
after
tax
earnings
were
1,034. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Robert Halpin | Chairman | Ross Clarkson | Pres,
CEO, Director | Dave Ferguson | CFO,
VP-Fin. | Lloyd Herrick | COO,
VP, Director | Mary Chandler | Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|