TransGlobe Energy Corporation Reports Production Results for the Third Quarter and Nine Months Ended September 30, 2019; Provides Production Guidance for the Year 2019
Production for the nine months ended September 30, 2019 averaged 16,269 boe/d (Egypt 14,010 bbls/d, Canada 2,259 boe/d), which was above guidance and 15% higher than the same period in 2018.
2019 production guidance is now expected to range from 15,500 to 16,000 boe/d with a midpoint of 15,750 boe/d for the year.