13 Jan 2010securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed the final prospectus for a registered offering.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
13 Jan 2010securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed the final prospectus for a registered offering.
8 Jan 2010securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed the final prospectus for a registered offering.
7 Jan 2010debt financing● NeutralMajor
Amended filing restating the December 2009 bank credit line: a three-year senior facility with Standard Bank and BNP Paribas, with a $30 million initial borrowing base and lender commitments of $30 million (borrowing base can rise to a $250 million maximum). It carries interest at three-month LIBOR plus 6.25% and matures on the earlier of Dec 21, 2011 or a sharp fall in Turkish reserves. It is secured on substantially all borrower assets, and it counts as a default if Chairman Mitchell stops being executive chairman or he and his affiliates fall below 35% ownership. The amendment only corrects typos in the exhibit and updates the Item 1.01 text. This continues the Dec 28, 2009 summary, which described the line as up to $250 million, although actual commitments are $30 million.
7 Jan 2010securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed the final prospectus for a registered offering.
4 Jan 2010director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. director Michael D Winn gifted 30,000 shares.
28 Dec 2009securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed the final prospectus for a registered offering.
28 Dec 2009debt financing▲ GoodMajor
Lined up its first real bank facility - a three-year, up-to-$250 million senior credit line with Standard Bank and BNP Paribas - to fund Turkish oil and gas development, starting with a $30 million initial borrowing base. This began weaning the company off pure insider financing and onto conventional reserve-based bank debt.
23 Dec 2009securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. registered a securities offering with the SEC.
17 Dec 2009director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. President Scott C Larsen sold 58,100 shares.
17 Dec 2009director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. director Brian E Bayley exercised stock options for 35,000 shares and disposed of 75,000 shares.
16 Dec 2009director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. President Scott C Larsen exercised stock options for 75,000 shares and disposed of 91,900 shares.
16 Dec 2009director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. director Alan C Moon exercised stock options for 100,000 shares and disposed of 100,000 shares.
16 Dec 2009director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. director Michael D Winn exercised stock options for 350,000 shares and disposed of 650,000 shares.
9 Dec 2009securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed notice of an exempt private placement.
8 Dec 2009listing compliance notice▲ Good
Moved its common shares from the OTC Bulletin Board up to NYSE Amex, trading under ticker TAT starting December 8, 2009 - an upgrade, not a compliance issue.
8 Dec 2009securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed the final prospectus for a registered offering.
7 Dec 2009listing compliance notice▲ GoodMajor
the New York Stock Exchange certified TRANSATLANTIC PETROLEUM LTD.'s securities for listing, clearing them to begin trading.
25 Nov 2009securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed the final prospectus for a registered offering.
24 Nov 2009director interest notice● Neutral
TRANSATLANTIC PETROLEUM LTD. director Noah Malone Mitchell III bought 4,255,400 shares on the open market at $2.20.
24 Nov 2009capital raising announcement● Neutral
Closed the follow-on offering, registering 44.0 million shares sold through underwriters and 4.3 million shares sold directly to Dalea, again giving the chairman's company a direct allocation alongside public investors.
16 Nov 2009securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed the final prospectus for a registered offering.
6 Nov 2009securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed the final prospectus for a registered offering.
5 Nov 2009capital raising announcement● Neutral
Filed another preliminary Canadian prospectus for a follow-on share offering to fund its 2010 capital program, targeting a close around November 23, 2009.
3 Nov 2009securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed the final prospectus for a registered offering.
3 Nov 2009drilling progress report● Neutral
Gave an operational update across Turkey, Morocco and Romania: a third Selmo oil field well drilling, gas sales from the Thrace Basin's Edirne field expected to start in December 2009, and one exploration well (Atesler) abandoned as a dry hole.
21 Oct 2009securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed the final prospectus for a registered offering.
8 Oct 2009securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed the final prospectus for a registered offering.
7 Oct 2009capital raising announcement● NeutralMajor
Completed a court-approved continuance from Alberta, Canada to Bermuda, formally renaming itself TransAtlantic Petroleum Ltd. - the identity this company's SEC record carries for the rest of its life - with 253.6 million common shares outstanding.
1 Oct 2009securities registration● Neutral
TRANSATLANTIC PETROLEUM LTD. filed the final prospectus for a registered offering.