Attached files

file filename
10-Q - 10-Q - TRANSATLANTIC PETROLEUM LTD.tat-10q_20170331.htm
EX-32.1 - EX-32.1 - TRANSATLANTIC PETROLEUM LTD.tat-ex321_6.htm
EX-31.2 - EX-31.2 - TRANSATLANTIC PETROLEUM LTD.tat-ex312_8.htm
EX-31.1 - EX-31.1 - TRANSATLANTIC PETROLEUM LTD.tat-ex311_7.htm

Exhibit 12.1

 

 

TRANSATLANTIC PETROLEUM LTD.

CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in thousands, except ratios)

 

 

 

 

 

Three Months Ended March 31,

 

2017

 

 

 

Earnings available for fixed charges:

 

Loss from continuing operations before income taxes

$ (13,914)

Interest expense

   2,371

Portion of rent expense representing interest

-

   Earnings available for fixed charges

   (11,543)

 

 

Fixed charges:

 

Interest expense    

2,371

Portion of rent expense representing interest

-

   Fixed charges

2,371

 

 

Ratio of earnings to fixed charges

-

Coverage deficiency

(16,285)