TGL.L Share Price (TGL)

Today they informed of a failed drill, with very little oil in place that could not even flow. They will wait some more time and try to get additional data before abandoning the drill. They also expect to get oil from other horizon in the same well, despite there a third horizon that is uneconomic. I'd expect another drop on this news, besides the drop after announcing the deal, will this affect the vote on the merger?

https://www.trans-globe.com/news/news-details/2022/Business-Combination-of-VAALCO-and-TransGlobe/default.aspx

Hi Modestus,
If you have email I will write with some questions about the canadian oil&gas companies and oil service companies. Mine is l3traderuk at the gmail ...
just got dividends from CPG, and might add to my holding.
ATB

Hi Modestus,

Many thanks. I did sell VET at some point, but bought part back when they tanked a few weeks ago. My CPG puchases were a few months ago, at close to 7USD. but, I might add more even as they are now 30% higher.
I will look at the ones you mention, namely ESTE.
Suncor has done very well, as you will have noticed.
ATB,
L3
p.s.: North Sea focussed oil&gas companies will have a hard time regaining momentum, because of the new levy.

Another good buy lately were my ESTE-shares @ 13-14 USD : have rallied to 18-20 USD in no time : https://seekingalpha.com/article/4516003-earthstone-energy-este-investor-presentation-slideshow