Time to Pay Attention to TAT

NEAL DINGMANN, SunTrust Robinson Humphrey (07/14/2010)
"We are convinced that upcoming catalysts could ramp [TransAtlantic's] production over the next several quarters and boost reserves. Our confidence comes from our expectation that the Zorlu acquisition, along with the rest of the Thrace Basin, could provide solid production to accompany potentially big wells in SE Turkey. In addition, we believe Chairman Malone Mitchell and his team are [among] the most talented in the business. We reiterate our Buy rating and $5 share price target."

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