Analyst Research Report Snapshot

Title:

TRANSATLANTIC PETROLEUM - DRILLING ACTIVITY PICKS UP SPEED IN H213

Price:

$10.00

Provider:

Edison Investment Research

Date:

22 Oct 2013

Pages:

12

Type:

AcrobatPDF

Companies referenced:

TNP.TO ISMEN.IS LNG.V RDSa.L TUPRS.IS

Available for Immediate Download
Summary:

TransAtlantic Petroleum is in the midst of a US$130m, 38 well drilling programme, which applies North American oil and gas technology to Turkish and Bulgarian oil and gas basins. TransAtlantic has successfully tested both horizontal drilling and fracking methods on Turkish assets in the first half of the year, and we expect the current drilling programme to push on, potentially increasing production from a current 4.5mboe/d to over 9.0mboe/d by 2015.

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