Past year: ▼ 73%(17.0c – 64.0c CAD)
Each one in plain English, with the numbers worked through for a shareholder.
10 Jan 2014substantial holder notice● Neutral
Dalea Partners, LP, Dalea Management, LLC, Longfellow Energy, LP, Deut, ANBE Holdings, LP, ANBE LLC, N. Malone Mitchell and 2 others reported a TRANSATLANTIC PETROLEUM LTD. shareholding of 146,479,158 shares (39.20% of votes) in a periodic institutional filing.
7 Nov 2013quarterly activities report▼ Bad
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $32.3 million and a net loss of $5.0 million for the period ended 2013-09-30.
7 Aug 2013quarterly activities report● Neutral
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $30.5 million and net income of $2.9 million for the period ended 2013-06-30.
10 July 2013material agreement▼ Bad
Issued $2.5 million of shares to Direct Petroleum Exploration as partial liquidated damages for missing a drilling deadline on the Deventci-R2 well in Bulgaria, and reset the deadline to May 2014 with a further $2.5 million penalty if missed again.
23 May 2013listing compliance notice▼ Bad
Received a third NYSE MKT late-filing deficiency notice in seven months, this time for its Q1 2013 10-Q - a persistent reporting-timeliness problem heading into mid-2013.
23 May 2013quarterly activities report● Neutral
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $34.0 million and net income of $2.9 million for the period ended 2013-03-31.
20 May 2013quarterly activities report● Neutral
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $34.0 million and net income of $2.9 million for the period ended 2013-03-31.
14 May 2013material agreement● Neutral
Signed a smaller replacement office lease with Longfellow Energy (still a Mitchell family company), continuing the related-party leasing arrangement.
10 May 2013late filing notice▼ Bad
TRANSATLANTIC PETROLEUM LTD. notified the SEC that its quarterly report would be filed late.
5 Apr 2013listing compliance notice▼ Bad
Received a second NYSE MKT deficiency notice, this time for a late 2012 annual report - reporting delays were becoming a pattern.
18 Mar 2013late filing notice▼ Bad
TRANSATLANTIC PETROLEUM LTD. notified the SEC that its annual report would be filed late.
13 Feb 2013substantial holder notice● Neutral
Schroder Investment Management Ltd. Not Applicable reported a TRANSATLANTIC PETROLEUM LTD. shareholding of 32,950,575 shares (8.94% of votes) in a periodic institutional filing.
21 Nov 2012listing compliance notice▼ Bad
Received a NYSE MKT deficiency notice for failing to file its Q3 2012 10-Q on time, with until February 2013 to regain compliance - the first sign of reporting delays that would recur through 2013.
15 Nov 2012quarterly activities report● Neutral
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $34.8 million and net income of $7.0 million for the period ended 2012-09-30.
9 Nov 2012late filing notice▼ Bad
TRANSATLANTIC PETROLEUM LTD. notified the SEC that its quarterly report would be filed late.
14 Aug 2012quarterly activities report● Neutral
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $34.4 million and net income of $25.1 million for the period ended 2012-06-30.
10 Aug 2012late filing notice▼ Bad
TRANSATLANTIC PETROLEUM LTD. notified the SEC that its quarterly report would be filed late.
19 June 2012asset acquisition disposition● NeutralMajor
Closed the sale of its Viking oilfield-services business to the Dalea/Abraaj joint venture, and immediately signed ongoing master services agreements to keep buying drilling, stimulation and other oilfield services from the newly independent (but still insider-linked) Viking companies.
10 May 2012quarterly activities report▼ Bad
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $37.5 million and a net loss of $3.6 million for the period ended 2012-03-31.
26 Apr 2012material agreement● Neutral
Signed a new services agreement with Viking Petrol Sahasi Hizmetleri, a company 97% owned by Chairman Mitchell, his children and son-in-law - yet another related-party administrative-services contract.
20 Mar 2012material agreement● NeutralMajor
Signed the definitive agreement to sell Viking to Dalea for $164 million ($152.5 million cash plus an $11.5 million note from Dalea, guaranteed by Mr. Mitchell personally); the deal was negotiated and approved by a special committee of independent directors given the obvious conflict of interest, with Dalea expected to bring in Abraaj as a partner before closing.
16 Mar 2012late filing notice▼ Bad
TRANSATLANTIC PETROLEUM LTD. notified the SEC that its annual report would be filed late.
28 Feb 2012material agreement● NeutralMajor
Agreed, in a non-binding letter of intent, to sell its entire oilfield-services business (Viking International and Viking Geophysical) to a new entity jointly owned by Dalea Partners (Chairman Mitchell's company) and private-equity firm Abraaj Investment for $164 million - a major related-party divestment that would hand a profitable unit to the chairman's own venture.
24 Feb 2012auditor change● Neutral
Switched its audit engagement from KPMG's Canadian practice to KPMG's US practice for fiscal 2012, without any reported disagreements over its books.
16 Feb 2012substantial holder notice● Neutral
Schroder Investment Management North America Ltd. Not Applicable, Schroder Investment Management Ltd. Not Applicable disclosed a new substantial TRANSATLANTIC PETROLEUM LTD. shareholding (8.82% of votes).
14 Nov 2011material agreement● Neutral
Extended repayment of its Dalea Partners credit line to March 2012 or the closing of a planned sale of its Viking oilfield-services subsidiaries, whichever came first - tying the insider loan's repayment to a divestment not yet publicly announced.
9 Nov 2011quarterly activities report▼ Bad
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $33.5 million and a net loss of $6.4 million for the period ended 2011-09-30.
20 Sept 2011material agreement● Neutral
Got another short compliance-deadline extension on its Standard Bank facility, this time for Turkish regulatory approvals needed by its Amity and Petrogas subsidiaries.
25 Aug 2011material agreement● Neutral
Leased new Addison, Texas office space from Longfellow Energy - a company indirectly owned by Chairman Mitchell's family - adding another related-party contract to its books.
11 Aug 2011material agreement▲ Good
Increased its Standard Bank credit facility borrowing base to $95 million as Amity Oil formally joined as a borrower, reflecting the larger reserve base from 2010's acquisitions.
