TransAtlantic Petroleum Announces Preliminary Financial Results for 2010

TransAtlantic Petroleum Ltd. (TSX:TNP) reports the company’s preliminary financial results for the year ended December 31, 2010.

The press release is quoted as saying:

The Company expects total revenues for the year ended December 31, 2010 to increase to between approximately $80.0 million and $90.0 million compared to $29.3 million for the year ended December 31, 2009. The increase was the result of full year production in the Selmo oil field, additional production in the Arpatepe oil field and production in the Thrace Basin gas fields in Turkey.

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