TransAtlantic Petroleum Ltd. (TAT) Reports In-Line Q1 EPS

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TransAtlantic Petroleum Announces First Quarter 2014 Financial Results, Enters Into New Credit Facility and Provides Updates on Its Operations and Potential Acquisition in Poland

May 8, 2014 4:09 PM EDT

HAMILTON, Bermuda, May 8, 2014 (GLOBE NEWSWIRE) -- TransAtlantic Petroleum Ltd. (TSX: TNP) (NYSE-MKT: TAT) (the "Company" or "TransAtlantic") today announced financial results for the quarter ended March 31, 2014, disclosed terms of its new credit facility and provided updates on its operations and potential acquisition in Poland.

Highlights

Average net sales for the first quarter of 2014 were 4,622 BOEPD, a 5% increase over the fourth quarter of 2013 and a 12% increase over the first quarter of 2013 Net income from continuing operations for the first quarter of 2014 was $4.0... More