TransAtlantic Petroleum is an international energy producer engaged in the acquisition, exploration, development and production of oil and natural gas. The company's primary assets include developed and undeveloped oil and gas properties in Turkey, Albania and Bulgaria.

TransAtlantic Petroleum's common stock trades on the NYSE MKT under the symbol TAT and the Toronto Stock Exchange under the symbol TNP.

History
TransAtlantic Petroleum was incorporated in 1985 under the laws of British Columbia, changed domicile to Alberta, Canada in 1997 and then to Bermuda in 2009. 

In 1992, the Company acquired a 30% interest in OML 109, a 215,000-acre concession located offshore Nigeria. TransAtlantic successfully drilled a discovery well in 1994 and an appraisal well in 1995 in the Ejulebe field on OML 109, and produced approximately 11 million barrels of crude oil from the Ejulebe field through 2005. Following its participation in OML 109, TransAtlantic drilled several exploration wells offshore Benin and onshore Tunisia. 

From 2005 through 2007, the Company focused on acquiring high-impact international properties, lower-risk cash flow opportunities in the United States and divesting its Nigerian property, which was sold in 2005. TransAtlantic acquired an exploration permit and reconnaissance license in Morocco, three production blocks in Romania, three exploration licenses in Turkey and two promote round licenses covering six blocks in the UK North Sea during this time. Concurrently, the Company acquired properties in Texas and participated as a non-operating partner in four projects in Texas, Oklahoma and Louisiana. 

In 2007, the Company determined to exit its U.S. operations and focus on the development of its onshore international properties. To that end, TransAtlantic acquired three additional exploration licenses in Turkey, converted a portion of its Moroccan reconnaissance license into two exploration permits, relinquished its UK North Sea licenses and sold its U.S. interests.

In November 2014, TransAtlantic acquired 100% of Stream Oil & Gas Ltd for total consideration of approximately $28 million of TransAtlantic common stock (85% of which was paid at closing and 15% of which will be paid in the event that certain amendments to Stream’s Albanian license agreements are received by August 18, 2015). The assets include the Gorisht, Cakran and Ballsh oil fields and the Delvina gas field in Albania.

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