ALBANIA ACQUISITION ARRANGEMENT AGREEMENT TO ACQUIRE STREAM OIL & GAS LTD. September 3, 2014
ALBANIA ACQUISITION OBJECTIVE Albania To Be a Third Source of Production and Income Growth; Provides Reservoir and Geographical Diversification Large oil in place; known location Exploitation, not exploration 2015 analyze,…
ALBANIA ACQUISITION SUMMARY TransAtlantic to acquire 100% of Stream Oil & Gas Ltd. (Stream) (TSX Venture: SKO) Albanian Assets Three oil fields, one gas field, one exploration license 25 year prod. licenses with unlimited 5-yr…
THREE OIL FIELDS IN ALBANIA Structural Traps of Fractured Carbonates Cakran Field Cretaceous-Paleocene Age Gorisht Field (800 BOPD gross, 400 BOPD net) Discovered 1965, 25,000 BOPD at peak (15 API) 150 producing wells1; 3,000 net…
OIL FIELDS IN ALBANIA ARE ON FLAT DECLINE 2014 Average Gross Production of Streams Three Oil Fields in Albania 2,000 1,500 BOPD 1,000 500 0 1/1/2014 2/1/2014 3/1/2014 4/1/2014 5/1/2014 6/1/2014 7/1/2014 Daily…
ONE GAS FIELD IN ALBANIA Structural Trap of Fractured Carbonates Cretaceous-Paleocene Age Delvina Field Discovered 1987, gas condensate (63 API) Two existing vertical wells, third well spudded March 2014; well depth: 9,200 11,500…
DEVELOPMENT OPPORTUNITIES Plan for Growth Upgrade oilfield technology to optimize field recovery and increase production levels Drill infill and horizontal oil wells; reactivate wells; expand waterflood infrastructure in the…
PRECEDENT: BANKERS PETROLEUM Bankers Petroleum Albanian Oil Assets Bankers signed a concession for the Patos-Marinza oil field in 2004 and developed it from 400 BOD to more than 20,000 BOD over a ten year period Field development…
CONTACTS Taylor C. Beach Matthew W. McCann Director of Investor Relations General Counsel & Corporate Secretary (214) 265-4746 (214) 220-4323 Taylor.Beachtapcor.com www.TransAtlanticPetroleum.com 10
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