TransAtlantic Petroleum Ltd (TAT)

[johninfant]

tat hope-

Notable Comment from the 2014 Oil and Gas Conference Webcast
.

At about 7:15 into the webcast, he says "we expect to complete and place online near the end of this month or the very beginning of September three additional new wells from this field that we expect to be good contributors to our production".

The wells are the Bahar-2ST (Hazro), Bahar-3 (Upper Bedinan), and Bahar-4 (Bedinan). No information on IP rates, only the qualifier they'll be "good contributors to our production".

This implies they've hit commercial quantities of oil in 3 out of the first 4 wells they've drilled based on 3D Seismic in the Molla area. That's a good start. Less