TransAtlantic Petroleum Ltd. Reports Unaudited Consolidated Earnings and Production Results for the First Quarter Ended March 31, 2016
For the quarter, TransAtlantic's average daily net sales volumes from continuing operations were approximately 4,787 barrels of oil equivalent per day (BOEPD) as compared to 5,589 BOEPD in the first quarter of 2015. Total net sales were 436 MBOE against 503 MBOE last year. Natural gas production was 478 MMCF against 733 MMCF last year. Oil production was 356 MBbls against 381 MBbls last year.