TransAtlantic Petroleum Ltd (TAT)

[bUrRpPPP!]

All out 1.10 from .84 nice pop this morn.

[nsomniyak]

I got a few more today as well

[bUrRpPPP!]

added some more .84...lots of from 4 buying...eom

[bUrRpPPP!]

Started to rebuy today .84 after 1.30 exit...eom

[ernie44]

would anybody buy a car or shares in a unstable country if these execs promoted them ?


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[Protocola]

$TAT in a temporary consolidation phase only two continue its upward climb next week!
Enjoy your weekend for a few extra zzzz and thanks for your input!!!

[nsomniyak]

The only cure for insomnia is sleep. I have not found a cure yet.

[Protocola]

After the non-action today I concur with your assertion.
PS: what do you suggest for insomnia?

[nsomniyak]

I would think TAT is very sensitive to the political and economic situation in Turkey. Venezuela not so much.

[Protocola]

With Maduro ousted, $TAT will soar to new highs!

[bUrRpPPP!]

Added 5k today $1.15

[bUrRpPPP!]

volume to light to get true bullish confirmation.

[nsomniyak]

Obviously the price has risen recently. What else does that chart tell you? I know you are better at TA than I am.

[bUrRpPPP!]

TAT CHART $1.23

[bUrRpPPP!]

TransAtlantic Petroleum Provides an Operations Update and Announces Payment of Dividend on its Series A Preferred Shares

HAMILTON, Bermuda, Jan. 07, 2019 (GLOBE NEWSWIRE) -- TransAtlantic Petroleum Ltd. (TNP.TO) (NYSE American: TAT) (the “Company” or “TransAtlantic”) today provided an operations update and announced the payment of the fourth quarter of 2018 dividend on the Company’s 12.0% Series A Convertible Redeemable Preferred Shares (“Series A Preferred Shares”) in its Common Shares, par value $0.10 per share (“Common Shares”).

Operations Update

During the fourth quarter of 2018, the Company’s net wellhead production averaged 3,486 BOE per day, up 4.1% from the previous quarter and up 8.5% from the fourth quarter of 2017. The increase was primarily due to an increase in production from the successful Yeniev discovery in southeastern Turkey.

Southeastern Turkey

Molla

Yeniev Field

Both the Yeniev-1 and West Yeniev-1 wells continue flowing naturally with little water.

In November 2018, the Company spud the East Yeniev-1 appraisal well to further delineate the structure. The well was drilled to a total measured depth of 9,900 feet and encountered hydrocarbon shows in the Mardin and Bedinan formations. Completion operations began on January 7, 2019.

Other

The Blackeye-1 well is currently rigging up with an anticipated spud by January 10, 2019. This exploration well will target the Mardin and Bedinan formations in the Company’s East Molla license.

Selmo

The Company has commenced operations in the Selmo-1 well to re-enter and test the Permian formation. In the history of the Selmo field, two wells have drilled to this formation, and both wells tested oil and natural gas; however, during the years that these deep tests occurred, shallow Sinan Dolomite formation production was prioritized. The Company’s recompletion objective for the Selmo-1 well is to determine the productivity of the Permian formation. The Company expects to complete the well in the first quarter of 2019.

Northwestern Turkey

Thrace Basin BCGA

We continue to evaluate our prospects in the Thrace Basin’s Basin Center Gas Accumulation (“Thrace Basin BCGA”) in light of the recent production test results at the Yamalik-1 exploration well operated by Valeura Energy Inc. (“Valeura”) with their partner Equinor ASA (formerly Statoil ASA) (“Equinor”). The Yamalik-1 exploration well is located on a license directly adjacent to our 120,000 net acres in the Thrace Basin of which we believe approximately 50,000 net acres (100% working interest, 87.5% net revenue interest) is in the Thrace Basin BCGA and analogous to the Valeura and Equinor acreage.

Subsequent to drilling and testing of the Yamalik-1 well, the joint venture between Valeura and Equinor announced a three-well program, which is currently ongoing.

Bulgaria

The Company commenced the side-track and re-drilling of the Deventci R-1 well in December 2018. Operations are ongoing, and the Company expects to complete the well in the first quarter of 2019.

Payment of Dividend on Series A Preferred Shares

On December 31, 2018, the Company paid the quarterly dividend on its Series A Preferred Shares in its Common Shares, as permitted by the Certificate of Designations for the Series A Preferred Shares.

About TransAtlantic

The Company is an international oil and natural gas company engaged in the acquisition, exploration, development, and production of oil and natural gas. The Company holds interests in developed and undeveloped properties in Turkey and Bulgaria.

(NO STOCK EXCHANGE, SECURITIES COMMISSION, OR OTHER REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.)

[nsomniyak]

3 is a little extreme unless Malone just finally buys the whole thing.

[bUrRpPPP!]

yes now I understand,,,agree TAT going back to $3...

[nsomniyak]

I think it is a positive not a non issue. The holders of the pfd are insiders and insts. That they are willing to take common shares for their dividend and hold them says a lot to me.

[bUrRpPPP!]

i waited to see how pps reacted to this morning form d filing...apparently is a non issue...

[nsomniyak]

Looks They they paid a preferred dividend in common shares, which have not been dumped into the market - a good sign.

[bUrRpPPP!]

Did a few buys today... avg 1.16 eom

[nsomniyak]

Only news seems to be more and more form4s.

[bUrRpPPP!]

Lurking......eom

[nsomniyak]

TAT up sharply today - I see only the 13D, which appears to be complicated. Are those holders related entities? Acting as a group? Both? The ownership %s add to more than 100%, so I am thinking that maybe this represents the individual holdings of a group or some numbers are direct ownership and others indirect ownership where a holding company holds the entity that has direct ownership?

Anyone? Bueller?

[Protocola]

Seeing any news. ..why the big jump?

[geodan]

looks like they are selling company(TAT) today, stock up .20 after mkt after news.

[akamaii]

What's the story here anyone

[geodan]

Hi T,

Yes complicated, not sure.

But am sure there has be a huge amount of buying of teh common stock in open market by someone. The oil market looks up for next few years, so TAT should do really well. GXOCF (Granite) another one to look at. 14% dividend, bot quite a bit this week of it.

And TAT was my biggest oil averaged down in it so have done real well on it.

Cheers

[tsoprano-1]

Geo, can you make any sense of news today. Seems like a boatload of shares represented by these people. But, can't figure who owns what.

T

[tsoprano-1]

Thanks, Geo. Will look into.

T

[geodan]

T, delayed reaction to news on Thursday and maybe Malone being freed of no-trade period after PR. Looked into it and think that is it. Beauty of nanocaps, you get to buy after the news because no one notices it.

Good news for us, one of my biggest positions

BTW think GARWF is about to pull a TAT in next 30 days, on cusp of permits.

[tsoprano-1]

Wondering the same thing.

[geodan]

up 50% today?

[BlueAlien]

TAT buyer at $1.21

[tsoprano-1]

Bullish SA article out on TAT.

T

[ernie44]

OIL cartells are rip-off artists in sheep-skins

http://investorshub.advfn.com/uimage/uploads/2013/6/28/[goakWest_Leo_2.JPG

[ernie44]

TransAtlantic Exploration Mediterranean International

entered into a 30 million dollar loan set-up

[ernie44]

My plumber says-- 'DASS NO MARREE'

i see there is now no bid

why would there be when oil futures just closed

[ClayTrader]

* * $TAT Video Chart 09-12-16 * *

Link to Video - click here to watch the technical chart video

[ernie44]

likely shorty got nervous.lets see if they not on crutches

[ernie44]

surprize there laddie--= no bid

[ernie44]

Well --thats a deep subject TNP is Canadian
but trades in US funds --OR used to
and....at 41.00 a barrel, thats about 1.10 a gallon
yikes!!!! I have paid 1.25 for a gallon of water

[Chance]

still mov'in right along..

some indies > http://stockcharts.com/h-sc/ui?s=TAT&p=D&yr=0&mn=6&dy=0&id=p29695537125

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[CoinCounter]

I got my ticket!

[Chance]

dollar next flight up..

momentum dropped off a while back
yet picking up again the past week

some indications > http://stockcharts.com/h-sc/ui?s=TAT&p=D&b=5&g=0&id=p74887915243

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[Chance]

continuing momentum will break a dollar

[running bull]

Nice move TAT keep it going.

[Timothy Smith]

TransAtlantic Petroleum (NYSEMKT:TAT): Q1 EPS of -$0.13 misses by $0.11.

Revenue of $27M (-19.8% Y/Y) beats by $0.6M.

[RickKayne]

Interesting developments in eastern Europe. This gift could keep moving in the right direction for a lengthy period.

[RickKayne]

This came across my search lately. I see strong management and growing assets. The territories political climates may be shakey at time but I like the latest grab of Stream. Eastern Europe could give a nice return with patience.