TransAtlantic Petroleum (TSX:TNP) Net Developed Acreage # : 0.00 (As of . 20)

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What is TransAtlantic Petroleum Net Developed Acreage #?

Net Developed Acreage # reflects the number of acres which are allocated or assignable to producing wells or wells capable of production.

The historical rank and industry rank for TransAtlantic Petroleum's Net Developed Acreage # or its related term are showing as below:

TSX:TNP's Net Developed Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Developed Acreage # only.

TransAtlantic Petroleum Net Developed Acreage # Historical Data

The historical data trend for TransAtlantic Petroleum's Net Developed Acreage # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TransAtlantic Petroleum Net Developed Acreage # Chart

TransAtlantic Petroleum (TSX:TNP) Net Developed Acreage # Explanation

Net Developed Acreage # is the amount of leased real estate that a petroleum and/or natural gas company holds, pertaining to a company's true working interest. If a company holds the entire working interest for a particular project, its net acreage and gross acreage will be the same.

Net acres can be construed as a measure of a company's potential for revenue, and increases or decreases in the figure are indicators of expansion or contraction. It can be calculated on a per project basis by multiplying the gross acres with the percentage of ownership.

TransAtlantic Petroleum Net Developed Acreage # Related Terms

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TransAtlantic Petroleum (TSX:TNP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TransAtlantic Petroleum Ltd (TSX:TNP) » Definitions » Net Developed Acreage #

Comparable Companies

Traded in Other Exchanges

N/A

Address

16803 Dallas Parkway, Addison, TX, USA, 75001

Website

http://www.transatlanticpetroleum.com

TransAtlantic Petroleum Ltd is an oil and natural gas company, which is engaged in the acquisition, exploration, development, and production of oil and natural gas. It operates through the Turkey and Bulgaria geographical segments. It holds interests in developed and undeveloped oil and natural gas properties in Turkey and Bulgaria. All of its oil production is concentrated in southeastern Turkey, primarily in the Arpatepe, Bahar, Goksu and Selmo oil fields, and its natural gas production is concentrated in the Thrace Basin, which is located in northwestern Turkey near Istanbul. The firm derives the majority of revenue from of crude oil and natural gas.