Molla LicensesTransAtlantic is pleased to report continued strong production rates from the stacked pay zones on the Molla licenses in southeastern Turkey. In the Horizontal Mardin Program, the Goksu-3H produced an average of 319 barrels of oil per day over the seven day period ended March 10, 2013 and has produced more than 54,000 bbls of oil since the well was completed in late October 2012. The next well in the program, the Goksu-4H was spudded on March 5, 2013 with results expected during the second quarter of 2013. The Company expects to keep a rig running on Mardin exploration and development prospects for the next several months.
TransAtlantic Petroleum Announces Operating Results, 2012 Proved Reserves, And Provides An Operational Update
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