On November 16, 2015, the Company’s Board of Directors authorized the immediate launch of a marketing process for the sale of all of the Company’s oil and gas assets and operations in Albania. While TransAtlantic pursues the marketing process, it will continue the execution of its current operational plan focusing on low cost, high return […]
TransAtlantic Petroleum: OPEC Might Cut Production, But Company Continues To Cut Costs Summary The Albania Division is on the block for sale, or some definitive resolution and is in a company that is separate from the rest of the company. The Turkish division is cash flow positive and profitable at current prices even without hedges. […]
HAMILTON, Bermuda, Oct 01, 2015 (GLOBE NEWSWIRE via COMTEX) — TransAtlantic Petroleum Ltd. (nyse mkt:TAT) (TNP) (the “Company” or “TransAtlantic”) today provided an operational update on its current production and drilling program. Production Update TransAtlantic’s current average 7-day net production rate is approximately 6,220 BOEPD, comprised of approximately 5,360 BOPD and approximately 5.2 MMCFPD of […]