TransGlobe Energy Corporation announced the 2018 capital budget. The company’s 2018 capital program of $41.3 million (before capitalized G&A) includes $29.1 million for Egypt and $12.2 million (CAD 15.3 million) for Canada. The 2018 capital program is balanced to anticipated funds flow using a $55/bbl Brent oil price forecast. The capital program may be increased if the recent run-up in Brent prices is sustained. The 2018 production outlook for the Company is provided as a range to reflect timing and performance contingencies. Total corporate production is expected to range between 14.2 MBoepd and 15.6 MBoepd for 2018 (mid-point of 14.9 MBoepd) with a 94% weighting to oil and liquids. Egypt oil production is expected to range between 12.0 and 13.0 MBopd in 2018. Canadian production is expected to range between 2.2 and 2.6 MBoepd in 2018, adjusting for a one month shut-in for plant and facility turn-arounds scheduled for May in the Harmattan area. The May shut-in reduces corporate production by approximately 200 Boepd on an annualized basis.