AAPG 2014 INTERNATIONAL CONFERENCE ISTANBUL September 15, 2014
FOCUSING ON ESTABLISHED, UNDEREXPLORED PETROLEUM SYSTEMS Seek favorable commodity prices, royalty and tax rates, hydrocarbon importers Superior operator who benefits from use of North American technology Current operations in Turkey…
MOLLA AREA, SOUTHEASTERN TURKEY 15 WELLS DRILLED/SPUDDED YEAR-TO-DATE Perencos Kastel Field (EUR 15 MMBO) Drilled 7 elmo Field Spudded 2 Drilled 3 Bahar Field Spudded 1 Bat Raman Field Largest oil field in Turkey…
MOLLA AREA: FIVE GEOLOGICAL TARGETS MIOCENE PALEOCENE elmo producing zone CRETACEOUS Demonstrated horizontal success with Gksu-3H Gksu: 5,500 ft Bahar: 7,400 ft TRIASSIC PALEOZOIC Bahar field target PERMIAN Bahar: 8,700…
HYDRAULIC FRACTURING IN TURKEY TransAtlantic has significantly increased the frequency, horsepower and stages of its hydraulic fracturing in Turkey More than 200 hydraulic fracturing operations successfully completed in Turkey Up to…
HORIZONTAL AND DEVIATED DRILLING IN TURKEY TransAtlantic has successfully employed North American technology to drill horizontal and deviated wells in Turkey 52 horizontal and deviated wells drilled (42 in SE Turkey, 10 in NW Turkey)…
BAHAR FIELD: 2D SEISMIC 1990s Vintage 2D Utilized to Pick Bahar-1 and Bahar-2 Locations Mardin Hazro Bedinan Bahar-1 9
BAHAR FIELD: 3D SEISMIC Clarity and mapping are greatly improved with 3D seismic TransAtlantic has shot a total of 2,742 km2 (1,060 miles2) of 3D data in Turkey 10
BAHAR FIELD: BEDINAN ZONE DELINEATION Bedinan Formation Looks Radically Different With New 3D Seismic Data Bahar Structure Map from 2012 2D Seismic Bahar Structure Map from 2013 3D Seismic Bahar-2 Bahar-1 11
ELMO FIELD Large, legacy carbonate field discovered in 1964 (second largest oil field in Turkey) Horizontal redevelopment of undrained Middle Sinan Dolomite (MSD) zone Initiated secondary recovery in 2014: waterflood and polymer…
THRACE BASIN, NORTHWESTERN TURKEY 6 WELLS DRILLED/SPUDDED YEAR-TO-DATE Drilled 2 Spudded 1 Drilled 3 Osmanl Tekirda Field Field 13
ALBANIA RECENTLY ANNOUNCED ACQUISITION OF STREAM O&G Third Source of Production and Income Growth; Provides Geological and Geographical Diversification Large known oil in place, exploitation Three oil fields, one gas field, one…
ALBANIA RECENTLY ANNOUNCED ACQUISITION OF STREAM O&G Growth Plan Upgrade oilfield technology to optimize field recovery and increase production levels Drill infill and horizontal oil wells; reactivate wells; expand waterflood…
BULGARIA NATURAL GAS, 50% WI Bulgaria Well Status Deventci-R2 tested 2MMCFPD with condensates after perforation Performed a build-up pressure test of the well in Q1-Q2 2014 Awaiting approval to acidize the well (typical…
GROWING INTERNATIONAL OPERATOR International operator with expanding footprint Utilizing North American technology in underexplored hydrocarbon basins (3D seismic, horizontal drilling, multi-stage completions, detailed surface…
APPENDIX 18
OPERATING AND FINANCIAL HIGHLIGHTS Results for the period: Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Net Sales Oil (BBLD) 2,527 2,500 2,533 2,889 3,495 Natural Gas (MMCFD) 9.0 9.4 11.2 10.4 9.0 BOEPD 4,022 4,076 4,391 4,622 5,000…
YEAR-END 2013 RESERVES Total 1P + 1P + 2P + Total Proved Reserves PDP PDNP PUD Probable Possible (1P) (MMBoe) (2P) (3P) 12/31/2012 5.1 1.4 5.1 11.6 21.6 54.2 Reserve 2.3 (0.5) 0.5 2.3 4.3 2.0 Changes Production (1.7) 0.0…
PV-10 RECONCILIATION The PV-10 value of the estimated future net revenue are not intended to represent the current market value of the estimated oil and natural gas reserves we own. Management believes that the presentation of PV-10,…
CONTACTS Taylor C. Beach Wil F. Saqueton Director of Investor Relations VP & CFO (214) 265-4746 (214) 220-4323 Taylor.Beachtapcor.com www.TransAtlanticPetroleum.com 22
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