TransGlobe Energy Corp fka TGA

[littlejohn]

spec, my estimates on 2nd quarter aren't

coming near your EPS estimate...

although they should be very good...

wag only, estimate of revenue in the

$90 to $95 million range...

1st quarter net profit was about 18%

of total revenue...

20% return on 2nd quarter would be

an estimate of about .30 per share,

more or less...

the 579,000 barrels of oil hedged at

a rough average of about $78/bbl.

are considered in the estimate,

along with a Brent rough price

average of $105/bbl. proceeds...

all estimates and only that...

Any insight on how you came up

with such a high number?...

Operating wise, not counting one

time changes for TGA, their results

were more like about .20/share EPS

in 1st quarter, 2022...

EGY had about .20 EPS in 1st quarter,

2022 as well...

TGA showed much higher EPS because

of one time changes Only...

I still like both companies after looking

more at TGA...

But if TGA votes against the deal,

then I would wish then Well...

So we watch...LJ