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Stock Market & Financial Investment News

News Breaks
February 4, 2013
16:10 EDTTATTransAtlantic Petroleum announces resignation of COO Mustafa Yavuz
TransAtlantic Petroleum announced that Mustafa Yavuz, TransAtlantic's COO, has resigned from the Company effective January 31. In light of the recent appointments of Ian Delahunty to the position of President, Mitch Whatley as Vice President, Drilling and Justin Davis as Vice President, Engineering, and the Company's ongoing evolution to a U.S.-based hub-and-spoke management structure, TransAtlantic does not intend to seek a replacement for the COO position. Selami Uras will continue as the Company's Turkey Country Manager, overseeing staff, government relations and in-country business development, as he has since TransAtlantic's entry into Turkey in 2006.
News For TAT From The Last 14 Days
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November 25, 2014
11:55 EDTTATTransAtlantic announces first successful Dadas completion in Southeast Turkey
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November 21, 2014
16:07 EDTTATTransAtlantic Petroleum announces record high production level
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November 12, 2014
16:33 EDTTATTransAtlantic announces Stream Oil & Gas shareholder approval of merger
TransAtlantic Petroleum announced that shareholders of Stream Oil & Gas approved the merger with TransAtlantic at a special meeting of shareholders. The merger was approved by 98.0% of the votes cast by Stream shareholders. The transaction was previously approved by the boards of both companies. TransAtlantic will acquire 100% of Stream's 66.89M outstanding common shares for total consideration of 3.8M TransAtlantic common shares, or 0.05657 of a TransAtlantic common share per share of Stream. The Arrangement Agreement provides that 85% of the value of each Stream common share, or 0.04812 of a common share of TransAtlantic, will be issued at closing and an additional 15% of the value of each Stream common share, or 0.00845 of a common share of TransAtlantic, will be issued in the event that certain amendments to Stream's Albanian license agreements are received within nine months of the closing date. The transaction is expected to close on November 18. The merger is subject to the receipt of court approvals and other customary closing conditions.

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