Canada’s TransGlobe has struck a combined 3,840 b/d of light oil and 2.4mn cfd of gas in two intervals with its South Ghazalat-6X exploration well in Egypt’s Western Desert, the firm announced 19 November.

Based on the “positive test rates” the firm says it will now “begin preparing a development plan for the discovery.”

The firm earlier this month announced a 2019 capex program of $31.1mn, including $24.1mn for its core Egypt assets, the lowest figure...