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TransAtlantic Petroleum Ltd. Message Board

  • johninfantini johninfantini May 8, 2014 6:28 AM Flag

    after market closes-

    I am not looking forward to todays #s...sorry to say

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    • If they haven't found new sources, production will be down. Due to all those old wells that are declining.

      • 1 Reply to angstromatic
      • well, we already have a little visibility as a result of their operational update last month. TAT stated they averaged 4600 boepd, 5% higher than 4Q13. we know that they sidetracked the selmo 92H for 250 bopd and 86H was in the process of being sidetracked...so maybe an update on that. they were doing a waterflood pilot in selmo; maybe they will have results from that. results may be in for Bahar 2ST and Arpatpe 7. we know that in the thrace, TDR-11H was producing at 2 MMCFPD and BTD-2H @ 2.3 MMCFPD. it'd be nice to have an update on bulgaria; if it's been completed, it's not a big producer, as NMMIII has repeatedly stated they will issue news releases in cases where events/results represent 10% of either the value of the company or production. so, clearly the well is not producing at a boepd of 460+. maybe it's not completed, which would be a whole other issue unto itself. poland probably isn't consummated yet, so i wouldn't expect anything on that front. maybe an update on the senior refi, but not likely.

        in short, probably a similar qtr to Q413....

        Sentiment: Strong Buy

 
TAT
4.80-0.08(-1.64%)9:53 AMEST

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