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TransGlobe Energy Corporation

09:49 AM EST - TransGlobe Energy Corporation : provided an update for the second quarter of 2015. All dollar values are expressed in United States dollars unless otherwise stated. Q2 production averaged ~15,000 Bopd to date (~9% above Q2 guidance). The company completed the sale of 544,752 barrels of entitlement oil to a third party buyer for net proceeds of $25.8 million, and also collected $43.5 million year-to-date in outstanding receivables from EGPC. The company approved the Q2 quarterly dividend of $0.05/share (payable June 30). Repurchased 2,134,001 common shares to June 19 under NCIB. TransGlobe Energy Corporation shares T.TGL are trading up $0.15 at $4.70.