9 Aug 2011quarterly activities report▼ Bad
TRANSATLANTIC PETROLEUM LTD. reported quarterly revenue of $31.5 million and a net loss of $21.3 million for the period ended 2011-06-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
8 Aug 2011director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. President and COO Gary Mize received a stock option grant for 37,313 shares.
19 July 2011director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. Executive Vice President Scott C Larsen exercised stock options for 8,997 shares and disposed of 11,756 shares.
19 July 2011director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. Vice President and Secretary Jeffrey S Mecom exercised stock options for 10,660 shares and disposed of 13,928 shares.
13 June 2011securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed notice of an exempt private placement.
10 June 2011asset acquisition disposition▲ GoodMajor
Closed its direct purchase of Thrace Basin Natural Gas Turkiye from Mustafa Mehmet Corporation, paying an extra $10 million cash on top of the shares already committed for an additional 6.5% interest in production and acreage - ending the year-long TBNG/PTI saga with TransAtlantic itself as owner rather than Valeura Energy.
19 May 2011listing compliance notice▲ GoodMajor
Replaced its original three-year Standard Bank/BNP Paribas facility with a new five-year amended and restated credit facility, using part of the proceeds to repay the $30 million bridge loan taken out for the Amity/Petrogas purchase.
10 May 2011late filing notice▼ Bad
TRANSATLANTIC PETROLEUM LTD. notified the SEC that its quarterly report would be filed late.
3 May 2011material agreement● Neutral
Extended the Valeura Energy talks over the PTI stake once more, to May 11, 2011, even as it moved ahead separately on directly acquiring TBNG.
28 Apr 2011capital raising announcement▲ GoodMajor
Signed a direct purchase agreement with Mustafa Mehmet Corporation to buy all of Thrace Basin Natural Gas Turkiye itself, for 18.5 million shares plus royalty interests - choosing to acquire the asset outright rather than route it through the stalled Valeura negotiation.
21 Apr 2011material agreement● Neutral
Extended the Valeura Energy negotiating window again, to April 25, 2011 - the third extension without a signed deal.
6 Apr 2011listing compliance notice● Neutral
Got a waiver on its original Standard Bank facility excusing a delay in delivering audited 2010 financial statements without a going-concern qualification, plus more time for its Q1 2011 unaudited financials.
6 Apr 2011director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. Vice President and CFO Hilda Kouvelis exercised stock options for 25,000 shares and disposed of 25,000 shares.
24 Mar 2011material agreement● Neutral
Extended its exclusive negotiating window with Valeura Energy over the PTI stake to April 4, 2011 - the second deadline push in this negotiation.
16 Mar 2011late filing notice▼ Bad
TRANSATLANTIC PETROLEUM LTD. notified the SEC that its annual report would be filed late.
8 Mar 2011material agreement● Neutral
Extended the Petrogas gas-license compliance deadline under its Standard Bank facility a third time, to April 1, 2011.
1 Mar 2011director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. director Bob G Alexander received a stock option grant for 7,463 shares.
1 Mar 2011director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. director Noah Malone Mitchell III received a stock option grant for 7,463 shares.
1 Mar 2011director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. Vice President, Accounting Jonathan Grider received a stock option grant for 8,224 shares.
1 Mar 2011director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. director Brian E Bayley received a stock option grant for 7,463 shares.
1 Mar 2011director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. director Mel G Riggs received a stock option grant for 7,463 shares.
1 Mar 2011director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. director Alan C Moon received a stock option grant for 7,463 shares.
1 Mar 2011director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. director Michael D Winn received a stock option grant for 7,463 shares.
25 Feb 2011securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed notice of an exempt private placement.
24 Feb 2011capital raising announcement● Neutral
Issued 8.9 million shares to Direct Petroleum Exploration as part of a January 2011 asset purchase, with piggyback registration rights attached.
14 Feb 2011material agreement● Neutral
Opened talks to sell a 61.54% stake in Pinnacle Turkey (part of the TBNG/PTI package under option) to Valeura Energy for about $61.5 million - a possible partial exit from the MMC deal rather than buying it all itself.
14 Feb 2011director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. Executive Vice President Scott C Larsen gifted 34,800 shares.
3 Feb 2011director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. Executive Vice President Scott C Larsen exercised stock options for 70,000 shares and disposed of 110,000 shares.
19 Jan 2011director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. Vice President and CFO Hilda Kouvelis exercised stock options for 32,435 shares and disposed of 42,355 shares.
19 Jan 2011director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. Executive Vice President Scott C Larsen exercised stock options for 80,648 shares and disposed of 103,320 shares.