TRANSATLANTIC PETROLEUM LTD. (TSE:TNP) Files An 8-K Regulation FD Disclosure
Item 7.01Regulation FD Disclosure.
On February 7, 2017, the article attached as Exhibit 99.1 hereto
and translated into English (the Article) about TransAtlantic
Petroleum Ltd. (the Company) appeared in the Dunya, an Economical
and Political newspaper in Turkey.
The Article contains forward-looking statements concerning the
Companys operations in Turkey, as well as other expectations,
plans, goals, objectives, assumptions or information about future
events, conditions, results of operations or performance that may
constitute forward-looking statements or information under
applicable securities legislation, including the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements or information are based on a number of assumptions,
which may prove to be incorrect.
Undue reliance should not be placed on forward-looking statements
because the Company can give no assurance that such expectations
will prove to be correct. Forward-looking statements or
information are based on current expectations, estimates and
projections that involve a number of risks and uncertainties
which could cause actual results to differ materially from those
anticipated by the Company and described in the forward-looking
statements or information. These risks and uncertainties include,
but are not limited to, the Companys ability to continue as a
going concern; access to sufficient capital; ability to
refinance, repay or restructure its debt; ability to sell assets;
success of cost reduction efforts; market prices for natural gas;
natural gas liquids and oil products; estimates of reserves and
economic assumptions; the ability to produce and transport
natural gas, natural gas liquids and oil; the results of
exploration and development drilling and related activities;
economic conditions in the countries and provinces in which the
Company carries on business, especially economic slowdowns;
actions by governmental authorities, receipt of required
approvals, increases in taxes, legislative and regulatory
initiatives relating to fracture stimulation activities, changes
in environmental and other regulations, and renegotiations of
contracts; political uncertainty and civil unrest, including
actions by insurgent groups or other conflict; outcomes of
litigation; the negotiation and closing of material contracts;
and other risks described in the Companys filings with the
Securities and Exchange Commission.
The forward-looking statements or information are made as of the
date of the Article, and the Company undertakes no obligation to
update publicly or revise any forward-looking statements or
information, whether as a result of new information, future
events or otherwise, unless so required by applicable securities
laws.
The information in this Current Report on Form 8-K, including
Exhibit 99.1 attached hereto, is being furnished and shall not be
deemed filed for the purposes of Section 18 of the Securities
Exchange Act of 1934, as amended, nor shall it be deemed
incorporated by reference in any filing of the Company under the
Securities Act of 1933, as amended, or the Securities Exchange
Act of 1934, as amended, whether made before or after the date
hereof, except as shall be expressly set forth by specific
reference to this Current Report in such filing.
Item 9.01Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. |
Description of Exhibit |
99.1 |
Article dated February 7, 2017 appearing in the Dunya, an |
About TRANSATLANTIC PETROLEUM LTD. (TSE:TNP)
TransAtlantic Petroleum Ltd. is a holding company. The Company is an international oil and natural gas company engaged in acquisition, exploration, development and production. Its segments include Turkey and Bulgaria. The Company holds interests in approximately 880,000 and 567,000 net acres of developed and undeveloped oil and natural gas properties in Turkey and Bulgaria, respectively. The Company holds interests in over 20 onshore and offshore exploration licenses and approximately 25 onshore production leases covering a total of over 1.4 million gross acres in Turkey. All of its oil production is concentrated in southeastern Turkey, primarily in the Arpatepe, Bahar, Goksu and Selmo oil fields, and its natural gas production is concentrated in the Thrace Basin, which is located in northwestern Turkey near Istanbul. The Company holds interests in an onshore exploration license and an onshore production concession covering a total of approximately 567,110 acres in Bulgaria. TRANSATLANTIC PETROLEUM LTD. (TSE:TNP) Recent Trading Information
TRANSATLANTIC PETROLEUM LTD. (TSE:TNP) closed its last trading session down -0.02 at 1.56 with 530 shares trading hands.