TransGlobe Energy Corp. said it will spend $37.1 million on capital expenditures in 2020. Of that amount, $23.7 million will be directed towards projects in Egypt, and $13.4 million will be spent in Canada. In Egypt, the company said it will spend $5.4 million for exploration and $18.3 million for development. It will drill three exploration wells in the Eastern Desert and one in the Western Desert. Most of TransGlobe’s Egyptian development plan this......
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