Scandoil  

TransAtlantic Petroleum announces revised 2014 capital expenditure budget


Published Jun 6, 2014
TransAtlantic Petroleum Ltd.

TransAtlantic Petroleum Ltd. announced its revised 2014 capital expenditure budget, appointment of senior management and management's participation in the Louisiana Energy Conference on June 11, 2014.

Revised 2014 Capital Expenditure Budget

TransAtlantic's board of directors has approved a revised capital expenditure budget of $106.0 million for the twelve months ending December 31, 2014, a 20% increase over the previously announced budget of $88.5 million. The additional capital will be used to support drilling, based on results in the second half of 2014, as determined by management. The Company expects to establish a budget for Bulgaria and other activity as geology and well results dictate.

Tags: TransAtlantic Petroleum Corp.




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml