Exploration & Production | Rig Count | Quarterly / Earnings Reports | Production | Third Quarter (3Q) Update | Drilling Contractor
TransAtlantic Running Four Rigs Across Turkish Projects
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TransAtlantic Petroleum Ltd. reported financial results for the quarter ended September 30, 2014 and provided an update on its operations.
Third Quarter 2014 Highlights Record high oil sales of 3,707 BOPD, a 6% increase over the second quarter of 2014 and a 48% increase over the third quarter of 2013 Natural gas sales of 7.9 MMCFPD, an 11% decrease from the second quarter of 2014 and a 16% decrease from the third quarter of 2013 Average production of 5,033 BOEPD, a slight increase from the second quarter of 2014 and a 23% increase over the third quarter of 2013 Net income from continuing operations of $8.3 million, or $0.22 per basic and diluted share, a significant increase over net income from continuing operations of $1.4 million, or $0.04 per basic and diluted share in the second…Finish this article — free account or subscription
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