Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - TRANSATLANTIC PETROLEUM LTD.Financial_Report.xls
10-Q - 10-Q - TRANSATLANTIC PETROLEUM LTD.tat-10q_20150331.htm
EX-31.2 - EX-31.2 - TRANSATLANTIC PETROLEUM LTD.tat-ex312_201503319.htm
EX-31.1 - EX-31.1 - TRANSATLANTIC PETROLEUM LTD.tat-ex311_201503317.htm
EX-32.1 - EX-32.1 - TRANSATLANTIC PETROLEUM LTD.tat-ex321_2015033110.htm

 

Exhibit 12.1

 

 

TRANSATLANTIC PETROLEUM LTD.

CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in thousands, except ratios)

 

 

 

 

 

Three Months Ended March 31,

 

2015

 

 

 

Earnings available for fixed charges:

 

Income (loss) from continuing operations before income taxes

$ (3,972)

Interest expense

   3,310

Portion of rent expense representing interest

-

   Earnings available for fixed charges

   (662)

 

 

Fixed charges:

 

Interest expense    

3,310

Portion of rent expense representing interest

-

   Fixed charges

3,310

 

 

Ratio of earnings to fixed charges

-

Coverage deficiency

7,282