Government & Regulatory
TransAtlantic Reports Notice of Noncompliance with NYSE
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TransAtlantic Petroleum Ltd. has reported that, as expected, on November 16, 2012, the Company received a deficiency letter from NYSE MKT LLC indicating that the Exchange has determined that the Company is not in compliance with Sections 134 and 1101 of the Exchange's Company Guide due to the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2012 with the Securities and Exchange Commission. In addition, the Exchange asserted that the Company's failure to timely file its Quarterly Report on Form 10-Q is a material violation of its listing agreement with the Exchange.
Pursuant to the Exchange's rules, the Company has until November 30, 2012 to submit a plan advising the Exchange of actions it has taken, or will take, that would bring the…
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