TransAtlantic Petroleum Announces Release Date of Second Quarter 2018 Results
August 02 2018 - 4:18PM
TransAtlantic Petroleum Ltd. (TSX: TNP) (NYSE
American: TAT) (the “Company” or “TransAtlantic”) today announced
that it expects to issue its earnings release and file its
Quarterly Report on Form 10-Q for the second quarter of 2018 after
the market closes on Wednesday, August 8, 2018.
Conference Call
On January 16, 2018, the Company announced the
formation of a strategic committee of the board of directors and
the engagement of a financial advisor to market the Company and
explore strategic alternatives to increase shareholder value. Due
to the continuation of the marketing process, the Company has
decided not to hold an earnings call to discuss its results for the
second quarter of 2018.
About TransAtlantic
The Company is an international oil and natural
gas company engaged in the acquisition, exploration, development,
and production of oil and natural gas. The Company holds interests
in developed and undeveloped properties in Turkey and Bulgaria.
(NO STOCK EXCHANGE, SECURITIES
COMMISSION, OR OTHER REGULATORY AUTHORITY HAS APPROVED OR
DISAPPROVED THE INFORMATION CONTAINED HEREIN.)
Forward-Looking Statements
This news release and the earnings release
referred to herein contain statements concerning the issuance of an
earnings release, the filing of the Company’s Quarterly Report on
Form 10-Q, and the marketing of the Company as well as other
expectations, plans, goals, objectives, assumptions, and
information about future events, conditions, results of operations,
and performance that may constitute forward-looking statements or
information under applicable securities legislation. Such
forward-looking statements or information are based on a number of
assumptions, which may prove to be incorrect.
Although the Company believes that the
expectations reflected in such forward-looking statements or
information are reasonable, undue reliance should not be placed on
forward-looking statements because the Company can give no
assurance that such expectations will prove to be correct.
Forward-looking statements or information are based on current
expectations, estimates, and projections that involve a number of
risks and uncertainties which could cause actual results to differ
materially from those anticipated by the Company and described in
the forward-looking statements or information. These risks and
uncertainties include, but are not limited to, access to sufficient
capital; market prices for natural gas, natural gas liquids and oil
products; estimates of reserves and economic assumptions; the
ability to produce and transport natural gas, natural gas liquids,
and oil products; the results of exploration and development
drilling and related activities; economic conditions in the
countries and provinces in which the Company carries on business,
especially economic slowdowns; actions by governmental authorities;
receipt of required approvals; increases in taxes; legislative and
regulatory initiatives relating to fracture stimulation activities;
changes in environmental and other regulations; renegotiations of
contracts; political uncertainty, including actions by insurgent
groups or other conflict; outcomes of litigation; the negotiation
and closing of material contracts; and other risks described in the
Company’s filings with the Securities and Exchange Commission.
The forward-looking statements or information
contained in this news release are made as of the date hereof, and
the Company undertakes no obligation to update publicly or revise
any forward-looking statements or information, whether as a result
of new information, future events, or otherwise, unless so required
by applicable securities laws.
Contacts:
Chad D. BurkhardtVice President, General Counsel
and Corporate Secretary(214) 265-4705TransAtlantic Petroleum
Ltd.16803 Dallas ParkwayAddison, Texas
75001http://www.transatlanticpetroleum.com