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Transglobe Energy Outlines 2017 Exploration Drilling in Egypt
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TransGlobe Energy Corporation announced an operational update. All dollar values are expressed in US dollars unless otherwise stated.
Highlights Company production for January 2017 averaged ~16,817 Boepd (~14,013 Bopd Egypt, ~2,804 Boepd Canada) Q4-2016 production averaged 12,882 Boepd (12,790 Bopd Egypt, 92 Boepd* Canada) First oil production from North West Gharib concession late December 2016 NWG 3 on production ~1,000 Bopd flowingDrilled 3 wells since mid-quarter update (December 20, 2016) resulting in one oil discovery (NWG 26ST), one oil well (Arta 74) and one dry hole (SWG 2)
Operations UpdateProduction
Total Company production averaged 16,817 Boepd in January, comprised of 14,013 Bopd in Egypt and 2,804 Boepd in Canada (60% oil and liquids). In Egypt production averaged…- ✓ Full news archive — U.S., Canada & international coverage
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