Vaalco Energy (EGY): TGA accounted for EGPC concessions in 1s...

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Re: farml1234 post# 540

Wednesday, 08/17/2022 10:49:35 PM

Wednesday, August 17, 2022 10:49:35 PM

TGA accounted for EGPC concessions in 1st quarter

of 2022...

Gains of 8 million were mentioned

in the pr...

Big Gains in accounts receivable on

balance sheet for 1st quarter, 2022

versus 4th quarter, 2021...

https://finance.yahoo.com/news/transglobe-energy-corporation-announces-first-060000953.html

2nd quarter pr also stated same, that

EGPC concessions were included in

2nd quarter financials also...

Concessions didn't say windfall cash

to fund extra dividend payout...

that was stocktwit enrichment post ideas...

TGA is in right place with a pending

closing of merger with EGY to see

bigger dividends and stock buybacks...

(unless oil price falls back to the
$60/bbl to $70/bbl price range)

so we watch...LJ

Gee Beav, rithmatic isn't usually this hard to read!

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