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Toronto and London listed TransGlobe Energy swung to a third-quarter profit, after lower costs helped offset a fall in sales.
Net earnings for the three months through September amounted to $3.0m, compared to losses of $12.3m on-year.
Petroleum and natural gas sales fell 13% to $64.4m, amid a 6% decrease in production from the company's assets in Canada and Egypt.
TransGlobe Energy narrowed its annual production guidance range to 15,500-to-16,000 barrels of oil equivalent per day, compared to previous guidance of 15,000-to-16,000 boepd.
At 9:19am: (LON:TGL) TransGlobe Energy Corporation share price was 0p at 97.5p