TransAtlantic Petroleum

TransAtlantic Petroleum Ltd. is an oil and natural gas company based in Addison, Texas, focused on the acquisition, exploration, development, and production of hydrocarbon properties. The company holds interests in four onshore exploration licenses and 20 onshore production leases in Turkey, encompassing approximately 436,388 net acres. Its total net proved reserves include over 10 million barrels of oil and 2.5 billion cubic feet of natural gas. Additionally, TransAtlantic has a production concession for about 162,800 undeveloped acres in Bulgaria. Founded in 1985, the company aims to acquire and develop energy assets in regions with favorable fiscal terms and production potential. TransAtlantic Petroleum Ltd. transitioned to private ownership as of December 2020.