Attached files
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| 8-K - FORM 8-K - TRANSATLANTIC PETROLEUM LTD. | d372142d8k.htm |
 TransAtlantic
Joint Venture Strategy
TransAtlantic Petroleum
Annual
Shareholders’
Meeting
June 2012 -
Dallas
Exhibit 99.1 |
 TransAtlantic Licenses |
 Farm-out
Opportunities |
 2012 JV Strategy
– Zagros Province
Gurun
Malatya
Molla
Idil
Gaziantep |
 Dadas &
Mardin Potential •
Play possibly spans 8,000 sq miles in SE
Turkiye
•
TransAtlantic’s position is the liquids
window, in the heart of the play
•
111,938 Operated Acres prospective for
the Woodford (Dadas) play
•
600,017 Operated Acres prospective for
the Mississippian (Mardin) play
•
1,400 Well Development Potential
•
Anatolian Energy’s Ryder Scott Report
assigned P50 11.5 BBbl OIP and 412 mm
bbls recoverable oil in their licenses in SE
Turkiye
Dadas-I Isopach |
 Mardin Potential
and the Goksu Discovery •
Vertical Well Completion –
Perforations treated with 3000
gal of acid
•
Goksu-2R cumulative production
= 28,000 bbls oil since February
2012
•
Initial flow rates were 400-500
BOPD in February 2012
•
Put on 16/64 choke.
•
Stable FTP of ~240 psig
•
Current rate is 210 BOPD with 80
BWPD
•
Goksu-3 to be horizontal well
0
5000
10000
15000
20000
25000
30000
0
100
200
300
400
500
600
2/1/2012
3/1/2012
4/1/2012
5/1/2012
6/1/2012
GOKSU 2 (Mardin)
BOPD
BWPD
FTP
WC
Cum Oil |
 Konak: Low Cost
with Huge Return Target: Lower Jurassic Carbonates/Paleozoic
Oil shows in 4 downdip wells tied to Konak
reservoir with 2011 2D seismic data
Three-way closure, Main risk is seal
Mean
closure: 8,855 acres
OIP: 271 MMBO*
Recoverable Oil: 53 MMBO*
Spud August 2012
*Internal Estimates |
 Konak Area and
Tie-Back •
Located 90km south of the Sivas Basin
(TransAtlantic-Shell JV).
•
Plan to spud in August.
•
Offset Well Hacilar-5 tested oil (35 API) in
the Jurassic Limestone at 2692-2751m.
•
Offset Wells Hacilar-1, 2, 4
-
oil shows
reported on all three wells.
•
TransAtlantic likes the area and the
prospect. 113 km of
five 2D seismic lines
were acquired.
•
In 2012 we tied the 2011 seismic back to
offset wells and proved the reservoir to
be breached to the South. However the
reservoir is confined by 3-way closure to
the north in Konak.
•
TPAO spudded
Gurun-1 and will
target
Lower Jurassic / Paleozoic. |
 Idil Block
– Triassic Oilfield Potential
•
Four
prospects/leads
identified within
Idil.
•
2011/2012
Seismic data has
showing exisiting
wells to be off
structure
•
Prospect A: 25,000
Acre Structure
with 173 mmbo
P10*
*Internal Estimates |
 IDIL License
– 2D Seismic Line Coverage
SYRIA
AR/SEL-TAT/4642
Guclu-1 (2001):
Mardin: Mud-cut fresh water
recovery in DST; Oil shows;
Asphalt in fractures in cores
Ebyat-1 (1958):
Mardin:
Oil-cut mud and
oil-cut water recovery in
DST; tar and oil in cores
Babil-1 (1980):
Mardin: Wet (?)
Ugur-1 (1969):
Mardin: Asphalt-cut
water recovery in
DST; Asphalt in cores
Pre-1980
2008
2011
2012
1982, 1983, 1988
2000
1984
Initially Proposed
Multi-target Locations
•
Wells drilled based on either poor quality or sparse 2D grid
•
There has been no drilling activity for more than a decade
•
New seismic shows that many wells were drilled off structure
•
Cudi-Triassic
formations
(Dincer,
Camurlu,
Bakuk)
have
not
been
properly evaluated; Paleozoic is un-tapped
Mardin: Gas-cut mud
recovery in DST
Ozguner-1 (1991): |
 2008 Single
Receiver Line Conventional Acqusition
(Post-stack Migration)
2012 Dual Receiver Line
Combined Sweep Acqusition
(Pre-stack Migration)
Data Quality Improvement over Ebyat Anticline |
 2012 JV Strategy
- Temrez
•
•
•
•
•
Map oil leg Kazanci oil leg across
Temrez
Prove Hayrabolu Extensional Trends
Explore Hamitabat throughout block
Map structures for Danisman and
Osmancik potential
Map Mezerdere sands for tight gas
potential |
 Habiller
– Identified Hamitabat Prospect
•
28 Bcf P10*
Prospect in
proven
Hamitabat
horizon
*
Internal Estimates
•
Stratigraphic
Trap in Upper
Hamitabat
•
TPAO Hamitabat
field has
produced 110 Bcf |
 Sustainable
Culture and Personnel TransAtlantic Petroleum
Annual
Shareholders’
Meeting
June 2012 -
Dallas |
 Asset Teams
Supported by Management Completion
Engineer
Reservoir
Engineer
Geologist
Drilling
Engineer
G&G
ISTANBUL
EXPLORATION
Completions
Advisors
DALLAS
ROTATIONAL
1 Senior
1 Staff
Reservoir
Advisors
DALLAS
BASED
Reserves
Audits and
Asset
Development
Drilling
Advisors
DALLAS
ROTATIONAL
1 Senior
1 Staff
Dallas
Istanbul
Training |