Thrace BasinWinter weather conditions have inhibited equipment movement and thus limited the pace of completions in the Thrace Basin. TransAtlantic has nine wells currently awaiting frac and three completion operations in progress. The Company recently completed the DTD-19 well in the Tekirdag Field Area as the Company's first five-stage frac. The DTD-19 has been flowing back load water, with early choked gas production in excess of 1 MMcf per day. The initial completion of the lowest section of the Kazanci-5 well in the Hayrabolu area was not successful. The Hayrabolu-10, TransAtlantic's second deep test of the Hayrabolu structure, is currently drilling below 9,000 feet.
TransAtlantic Petroleum Announces Operating Results, 2012 Proved Reserves, And Provides An Operational Update
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