Past year: ▼ 73%(17.0c – 64.0c CAD)
Each one in plain English, with the numbers worked through for a shareholder.
4 Mar 2016asset acquisition disposition● Neutral
After Chairman Mitchell sold his own stake in Viking Services to a third party, his affiliate Dalea Investment Group set up a new entity, PSIL, to take over the equipment and oilfield-services relationship with the company on similar terms - the insider-linked services chain simply changed hands rather than ending.
13 Jan 2016securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed notice of an exempt private placement.
6 Jan 2016capital raising announcement▼ BadMajor
Borrowed against a new $5 million convertible note from ANBE Holdings - an entity owned by Chairman Mitchell's children - at 13% interest, deepening the company's reliance on the Mitchell family for financing as public capital markets stayed shut to it.
16 Nov 2015production update▼ BadMajor
Launched a process to sell its Albania assets and operations - barely a year after acquiring them in the Stream deal - as it looked to raise cash amid the prolonged oil price downturn.
5 Nov 2015quarterly activities report● Neutral
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $18.3 million and net income of $4.9 million for the period ended 2015-09-30.
14 Aug 2015capital raising announcement▼ Bad
Issued a second round of warrants to Mitchell for extending the same Gundem resort pledge, at a lower exercise price reflecting the falling share price.
6 Aug 2015quarterly activities report▼ Bad
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $25.1 million and a net loss of $7.3 million for the period ended 2015-06-30.
25 June 2015securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed a prospectus supplement for an offering off its existing shelf.
12 June 2015securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
2 June 2015securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed a prospectus supplement for an offering off its existing shelf.
21 May 2015securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. registered a securities offering with the SEC using its shelf eligibility.
21 May 2015securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
11 May 2015quarterly activities report▼ Bad
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $25.8 million and a net loss of $5.5 million for the period ended 2015-03-31.
28 Apr 2015securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. registered a securities offering with the SEC using its shelf eligibility.
27 Apr 2015capital raising announcement▼ Bad
Issued warrants to Chairman Mitchell personally as compensation for pledging his stake in a Turkish resort (through Gundem Turizm) to secure an extension on one of the company's Turkish bank facilities - the company was now leaning on the chairman's personal real estate to keep its financing in place.
5 Mar 2015securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed notice of an exempt private placement.
25 Feb 2015capital raising announcement▼ Bad
Completed the note offering at $55.0 million total and exchanged the notes for registered Exchange Notes under a formal indenture - closing out an expensive financing round taken right as the oil price crash was deepening.
13 Feb 2015substantial holder notice● Neutral
Schroder Investment Management Ltd. Not Applicable reported a TRANSATLANTIC PETROLEUM LTD. shareholding of 1,765,564 shares (4.34% of votes) in a periodic institutional filing.
10 Feb 2015capital raising announcement▼ Bad
Sold a further $1 million of the notes, bringing the total to $49.7 million, as the fundraising continued in smaller tranches.
14 Jan 2015capital raising announcement▼ Bad
Sold another $1.3 million of the 13% convertible notes, bringing the total raised to $48.7 million.
12 Jan 2015securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed notice of an exempt private placement.
5 Jan 2015capital raising announcement▼ BadMajor
Raised $37.7 million (with another $9.7 million pending) through a private placement of 13% convertible notes maturing 2017 - expensive debt reflecting how much harder financing had gotten as oil prices collapsed through late 2014.
19 Nov 2014asset acquisition disposition▲ GoodMajor
Closed the Stream Oil & Gas acquisition, gaining three onshore oil fields and a natural gas concession in Albania covering about 75,000 net acres - though Viking International, still linked to Chairman Mitchell, already held a services relationship and a promissory note with Stream.
6 Nov 2014quarterly activities report● Neutral
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $36.1 million and net income of $8.3 million for the period ended 2014-09-30.
8 Sept 2014business combination● Neutral
Detailed the Stream Oil & Gas deal terms: up to $41.2 million in newly issued shares (0.04812 shares per Stream share, plus a contingent 0.00845 more if certain Albanian license amendments came through), structured as an arm's-length Canadian plan of arrangement.
3 Sept 2014business combination▲ GoodMajor
Announced an agreement to acquire Calgary-listed Stream Oil & Gas Ltd., adding Albania oil and gas assets to its Turkey-centered portfolio.
7 Aug 2014quarterly activities report● Neutral
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $41.1 million and net income of $1.4 million for the period ended 2014-06-30.
8 May 2014quarterly activities report● Neutral
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $33.6 million and net income of $4.0 million for the period ended 2014-03-31.
28 Mar 2014material agreement● Neutral
Signed an equipment-yard services agreement with Viking International (now roughly half-owned by Chairman Mitchell's family) for yards in Turkey, continuing to route oilfield logistics through insider-linked entities even after the 2012 divestment.
13 Feb 2014substantial holder notice● Neutral
Schroder Investment Management Ltd reported a TRANSATLANTIC PETROLEUM LTD. shareholding of 32,637,451 shares (8.74% of votes) in a periodic institutional filing.
