Transatlantic Petroleum Ltd. (TAT) Files Form 4 Insider Buying : Noah Malone Iii Mitchell Buys 1,068,836 Shares

Transatlantic Petroleum Ltd. (TAT): Noah Malone Iii Mitchell , CEO of Transatlantic Petroleum Ltd. purchased 1,068,836 shares on Jun 30, 2016. The Insider buying transaction was reported by the company on Jul 5, 2016 to the Securities and Exchange Commission. The shares were purchased at $0.66 per share for a total value of $705,324.88 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 27, 2015, Noah Malone Iii Mitchell (CEO) purchased 5,000 shares at $2.56 per share price.

TransAtlantic Petroleum Ltd: On Friday, Jul 1, 2016 heightened volatility was witnessed in TransAtlantic Petroleum Ltd which led to swings in the share price. The shares opened for trading at $0.842 and hit $0.94 on the upside , eventually ending the session at $0.87, with a gain of 6.10% or 0.05 points. The heightened volatility saw the trading volume jump to 72,746 shares. The 52-week high of the share price is $5.4 and the company has a market cap of $36 M . The 52-week low of the share price is at $0.52.

TransAtlantic Petroleum Ltd Money Flow Index Chart

TransAtlantic Petroleum Ltd. is an international oil and natural gas company engaged in acquisition exploration development and production. The Company has operations in Turkey Bulgaria and Albania. As of December 31 2014 it held interests in approximately 1.8 million net acres of developed and undeveloped oil and natural gas properties in Turkey Albania and Bulgaria. Its three geographic segments include Turkey Bulgaria and Albania. The Turkey segment includes holding interests in 19 onshore and offshore exploration licenses and 20 onshore production leases covering a total of 1.8 million gross acres (1.1 million net acres). The Bulgaria segment includes holding interests in one onshore exploration concession and one onshore production concession covering a total of 567000 acres in Bulgaria. The Albania segment includes owning 100% of the interests in three onshore oil fields and one gas concession consisting of one onshore gas field and one exploration license.

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