Cairo – Mubasher: The Canadian Transglobe Energy Corporation’s oil production in Egypt stood at 12,800 barrels per day (bpd) in the fourth quarter of 2017.
The oil exploration and production company has sold 510,000 barrels of oil in Egypt during November, against net revenues of $24.5 million, the Canadian firm added in a statement.
Transglobe is currently working on completing the 2018 budget which is set to be announced soon, the company indicated.
