Jan 10 (Reuters) - Transglobe Energy Corp TGL.TO :
* TRANSGLOBE ENERGY CORPORATION ANNOUNCES 2018 CAPITAL BUDGET AND MANAGEMENT PROMOTIONS
* SAYS 2018 CAPITAL BUDGET OF $41.3 MILLION (BEFORE CAPITALIZED G&A)
* SAYS 2018 PRODUCTION OF 14.2 TO 15.6 MBOEPD WITH A MID-POINT OF 14.9 MBOEPD
* RANDY NEELY IS PROMOTED TO PRESIDENT AND EDWARD OK IS PROMOTED TO VP FINANCE AND CFO
* SAYS TOTAL CORPORATE PRODUCTION IS EXPECTED TO RANGE BETWEEN 14.2 MBOEPD AND 15.6 MBOEPD FOR 2018