TransAtlantic Petroleum Ltd. reported consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenues of $26.996 million compared to $33.646 million a year ago. Loss from continuing operations before income taxes was $3.972 million compared to income of $6.043 million a year ago.

Loss from continuing operations was $5.494 million or $0.13 per diluted share compared to income of $3.993 million or $0.11 per diluted share a year ago. Net loss was $5.494 million compared to net income of $3.973 million a year ago. Net cash provided by operating activities from continuing operations was $13.792 million compared to $28.151 million a year ago.

Adjusted EBITDAX from continuing operations was $17.6 million compared to $21.9 million for the three months ended March 31, 2014. Capital expenditures, including seismic and corporate expenditures, totaled $7.8 million compared to $29.5 million for the three months ended December 31, 2014 and $26.1 million for the three months ended March 31, 2014.