Oct 22nd 2013 - Edison Investment Research today published a report on Initiation entitled "Drilling Activity Picks Up Speed In H213". In summary, the report says:
TransAtlantic Petroleum is in the midst of a US$130m, 38 well drilling programme, which applies North American oil and gas technology to Turkish and Bulgarian oil and gas basins. TransAtlantic has successfully tested both horizontal drilling and fracking methods on Turkish assets in the first half of the year, and we expect the current drilling programme to push on, potentially increasing production from a current 4.5mboe/d to over 9.0mboe/d by 2015.
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