- TransAtlantic Petroleum (NYSEMKT:TAT) says no material changes have occurred in its business since an operational update issued on July 9 that would explain its recent share price decline accompanied by unusually high volume.
- In operational update, TAT says its Bahar-9 reached a total depth of 10,865 ft., and initial log analysis indicates prospective pay as projected; it plans to complete the well in August.
- TAT fell 20% in today's trade, and have been cut by more than half since July 7.