TG World Energy Corp. · Calgary, AB Canada ·(TSX Venture: TGE)
Company Description
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This link will open in a new window TG World Energy is an exploration and production company that concentrates its activities on an oil and gas concession in Niger, West Africa. The company has a joint venture with a subsidiary of China National Petroleum Corporation (CNPC) to explore, develop, and produce in Niger's Tenere Block. TG World holds a 20% interest in the permit. In 2003 the Niger government gave the 8.6 million-acre permit to CNPC after terminating TG's lease. TG World hopes that oil discoveries in the block will lead to the construction of a new oil pipeline to link with pipelines in Algeria, Libya, Nigeria, or the Sudan. The company also has a minority share in a joint venture exploration unit in Alaska. To read the full description, subscribe now.
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Key TG World Energy Corp. Financials
| Company Type | Public - TSX Venture: TGE Single Location |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $0.3 |
| Employees | 3 |
TG World Energy Corp. Executives
6 executives listed for TG World Energy Corp.'s Calgary, AB location.
| Title | Name & Bio | Contact |
| Chairman | Edward Best | Network |
| President, CEO, and Director | Clifford James | Network |
| CFO | George Chelico | Network |
Competition
Competitive Landscape for TG World Energy Corp.
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top TG World Energy Corp. Competitors
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