Schedule 13G

-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, OPedtZTPPDMDg8m6kAwylyP+5WNqvv7PCt6PdZ3cwc4nkpSZkBOfT0hrJaUKcGhD xuiicYlmODtsFouB9LBMZg== 0001193125-08-031248.txt : 20080214 0001193125-08-031248.hdr.sgml : 20080214 20080214152246 ACCESSION NUMBER: 0001193125-08-031248 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080214 DATE AS OF CHANGE: 20080214 GROUP MEMBERS: ARTHUR RICHARDS RULE GROUP MEMBERS: EXPLORATION CAPITAL PARTNERS 1998-B LIMITED PARTNERSHIP GROUP MEMBERS: EXPLORATION CAPITAL PARTNERS 2006 LIMITED PARTNERSHIP GROUP MEMBERS: RESOURCE CAPITAL INVESTMENT CORPORATION GROUP MEMBERS: RESOURCE INVESTMENT MANAGEMENT CORPORATION GROUP MEMBERS: RULE FAMILY TRUST UDT 12/17/98 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TRANSATLANTIC PETROLEUM CORP. CENTRAL INDEX KEY: 0001092289 STANDARD INDUSTRIAL CLASSIFICATION: OIL AND GAS FIELD EXPLORATION SERVICES [1382] IRS NUMBER: 841147944 STATE OF INCORPORATION: A0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-79343 FILM NUMBER: 08614343 BUSINESS ADDRESS: STREET 1: 340 12TH AVE SW, STE 1550 STREET 2: CALGARY ALBERTA T2R 1L5 CITY: CANADA STATE: A0 ZIP: 00000 BUSINESS PHONE: 7136269373 MAIL ADDRESS: STREET 1: 340 12TH AVE SW, STE 1550 STREET 2: CALGARY ALBERTA T2R 1L5 CITY: CANADA STATE: A0 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: TRANSATLANTIC PETROLEUM CORP DATE OF NAME CHANGE: 20000918 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EXPLORATION CAPITAL PARTNERS 2000 LTD PARTNERSHIP CENTRAL INDEX KEY: 0001127457 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O GLOBAL RESOURCE INVESTMENT LTD. STREET 2: 7770 EL CAMINO REAL CITY: CARLSBAD STATE: CA ZIP: 92009 SC 13G 1 dsc13g.htm SCHEDULE 13G Schedule 13G

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

Transatlantic Petroleum Corp.

(Name of Issuer)

Common Shares, par value $0.001 per share

(Title of Class of Securities)

893522 20 1

(CUSIP Number)

December 31, 2007

(Date of Event which Requires Filing of This Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

x Rule 13d-1(c)

¨ Rule 13d-1(d)


CUSIP No. 893522 20 1		Page 2 of 12


1		NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Exploration Capital Partners 2000 Limited Partnership 88-0451737
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3		SEC USE ONLY
4		CITIZENSHIP OR PLACE OF ORGANIZATION Nevada


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5 SOLE VOTING POWER 0
		6 SHARED VOTING POWER 1,244,500
		7 SOLE DISPOSITIVE POWER 0
		8 SHARED DISPOSITIVE POWER 1,244,500


9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,244,500
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.9%
12	TYPE OF REPORTING PERSON PN


CUSIP No. 893522 20 1		Page 3 of 12


1		NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Exploration Capital Partners 1998-B Limited Partnership 20-8197121
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3		SEC USE ONLY
4		CITIZENSHIP OR PLACE OF ORGANIZATION California


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5 SOLE VOTING POWER 0
		6 SHARED VOTING POWER 2,680,000
		7 SOLE DISPOSITIVE POWER 0
		8 SHARED DISPOSITIVE POWER 2,680,000


9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,680,000
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.2%
12	TYPE OF REPORTING PERSON PN


CUSIP No. 893522 20 1		Page 4 of 12


1		NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Exploration Capital Partners 2006 Limited Partnership 20-5274358
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3		SEC USE ONLY
4		CITIZENSHIP OR PLACE OF ORGANIZATION California


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5 SOLE VOTING POWER 0
		6 SHARED VOTING POWER 181,676
		7 SOLE DISPOSITIVE POWER 0
		8 SHARED DISPOSITIVE POWER 181,676


9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 181,676
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.4%
12	TYPE OF REPORTING PERSON PN


CUSIP No. 893522 20 1		Page 5 of 12


1		NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Resource Capital Investment Corporation 88-0384205
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3		SEC USE ONLY
4		CITIZENSHIP OR PLACE OF ORGANIZATION Nevada


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5 SOLE VOTING POWER 0
		6 SHARED VOTING POWER 1,244,500
		7 SOLE DISPOSITIVE POWER 0
		8 SHARED DISPOSITIVE POWER 1,244,500


9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,244,500
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.9%
12	TYPE OF REPORTING PERSON CO


CUSIP No. 893522 20 1		Page 6 of 12


1		NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Resource Investment Management Corporation 20-4954446
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3		SEC USE ONLY
4		CITIZENSHIP OR PLACE OF ORGANIZATION California


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5 SOLE VOTING POWER 0
		6 SHARED VOTING POWER 2,861,676
		7 SOLE DISPOSITIVE POWER 0
		8 SHARED DISPOSITIVE POWER 2,861,676


9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,861,676
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 6.6%
12	TYPE OF REPORTING PERSON CO


CUSIP No. 893522 20 1		Page 7 of 12


1		NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Rule Family Trust udt 12/17/98 Not Applicable
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3		SEC USE ONLY
4		CITIZENSHIP OR PLACE OF ORGANIZATION California


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5 SOLE VOTING POWER 0
		6 SHARED VOTING POWER 4,106,176
		7 SOLE DISPOSITIVE POWER 0
		8 SHARED DISPOSITIVE POWER 4,106,176


9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,106,176
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.5%
12	TYPE OF REPORTING PERSON OO


CUSIP No. 893522 20 1		Page 8 of 12


1		NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Arthur Richards Rule Not Applicable
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) x
3		SEC USE ONLY
4		CITIZENSHIP OR PLACE OF ORGANIZATION California


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5 SOLE VOTING POWER 0
		6 SHARED VOTING POWER 4,106,176
		7 SOLE DISPOSITIVE POWER 0
		8 SHARED DISPOSITIVE POWER 4,106,176


9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,106,176
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.5%
12	TYPE OF REPORTING PERSON IN


CUSIP No. 893522 20 1		Page 9 of 12

Item 1

(a).

Name of Issuer:

Transatlantic Petroleum Corp.

Item 1

(b).

Address of Issuer’s Principal Executive Offices:

Suite 1840, 444 – 5^thAve., SW

Calgary, Alberta T2P 2T8

Item 2

(a). - (c).

Name, Principal Business Address and Citizenship of Persons Filing:

(1) Exploration Capital Partners 2000 Limited Partnership (“Exploration Capital 2000”)

7770 El Camino Real

Carlsbad, California 92009

Citizenship: Nevada

(2) Exploration Capital Partners 1998-B Limited Partnership (“Exploration Capital 1998-B”)

7770 El Camino Real

Carlsbad, California 92009

Citizenship: California

(3) Exploration Capital Partners 2006 Limited Partnership (“Exploration Capital 2006”)

7770 El Camino Real

Carlsbad, California 92009

Citizenship: California

(4) Resource Capital Investment Corporation (“Resource Capital”)

7770 El Camino Real

Carlsbad, California 92009

Citizenship: Nevada

(5) Resource Investment Management Corporation (“RIMC”)

7770 El Camino Real

Carlsbad, California 92009

Citizenship: California

(6) Rule Family Trust udt 12/17/98 (the “Trust”)

7770 El Camino Real

Carlsbad, California 92009

Citizenship: California

(7) Arthur Richards Rule (“Mr. Rule”)

7770 El Camino Real

Carlsbad, California 92009

Citizenship: California

Item 2

(d).

Title of Class of Securities:

Common Shares, par value $0.001 per share (the “Common Shares”)

Item 2

(e).

CUSIP Number:

893522 20 1

Item 3.

If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

(a)

Broker or dealer registered under Section 15 of the Exchange Act.

(b)

Bank as defined in Section 3(a)(6) of the Exchange Act.

(c)

Insurance company as defined in Section 3(a)(19) of the Exchange Act.

(d)

Investment company registered under Section 8 of the Investment Company Act.

(e)

An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E).

(f)

An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F).

(g)

A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G).

(h)

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act.

(i)

A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act.

(j)

Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Not Applicable


CUSIP No. 893522 20 1		Page 10 of 12


Item 4.		Ownership.

		The information in items 1 and 5 through 11 on the cover pages (pp. 2-8) on Schedule 13G is hereby incorporated by reference. This Statement is filed by (i) Exploration Capital 2000, as the direct beneficial owner of 1,244,500 Common Shares of the Issuer; (ii) Exploration Capital 1998-B, as the direct beneficial owner of 2,680,000 Common Shares of the Issuer; (iii) Exploration Capital 2006, as the direct beneficial owner of 181,676 Common Shares of the Issuer; (iv) by virtue of its position as General Partner of Exploration Capital 2000, by Resource Capital; (iv) by virtue of its position as General Partner of Exploration Capital 2006 and Exploration Capital 1998-B, by RIMC; (v) by virtue of its indirect ownership and control of Exploration Capital 2000, Exploration Capital 2006 and of Exploration Capital 1998-B (as owner of 100% of Resource Capital and RIMC), by the Trust; and (vi) by virtue of his positions with Resource Capital and RIMC, and ownership interest in the Trust, as described in the following sentences, by Mr. Rule. Mr. Rule is President and a Director of Resource Capital and RIMC, and, with his wife, is co-Trustee of the Trust, which owns 100% of Resource Capital and RIMC.

Item 5.		Ownership of Five Percent or Less of a Class.

		Not Applicable

Item 6.		Ownership of More than Five Percent on Behalf of Another Person.

		Not Applicable

Item 7.		Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

		Not Applicable

Item 8.		Identification and Classification of Members of the Group.

		Not Applicable

Item 9.		Notice of Dissolution of Group.

		Not Applicable

Item 10.		Certification.

		By signing below, each of the undersigned certifies that, to the best of his or its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

CUSIP No. 893522 20 1

Page 11 of 12

SIGNATURE

After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.


Date: February 13, 2008	Exploration Capital Partners 2000 Limited Partnership

	By:	Resource Capital Investment Corporation, its general partner

	By:	/s/ Gretchen Carter
		Gretchen Carter, Secretary/Treasurer

Date: February 13, 2008	Exploration Capital Partners 1998-B Limited Partnership

	By:	Resource Investment Management Corporation, its general partner

	By:	/s/ Gretchen Carter
		Gretchen Carter, Secretary/Treasurer

Date: February 13, 2008	Exploration Capital Partners 2006 Limited Partnership

	By:	Resource Investment Management Corporation, its general partner

	By:	/s/ Gretchen Carter
		Gretchen Carter, Secretary/Treasurer

Date: February 13, 2008	Resource Capital Investment Corporation

	By:	/s/ Gretchen Carter
		Gretchen Carter, Secretary/Treasurer

Date: February 13, 2008	Resource Investment Management Corporation

	By:	/s/ Gretchen Carter
		Gretchen Carter, Secretary/Treasurer


CUSIP No. 893522 20 1		Page 12 of 12


Date: February 13, 2008	Rule Family Trust udt 12/17/98

	By:	Arthur Richards Rule, Trustee

	By:	/s/ Gretchen Carter
		Gretchen Carter, Attorney-in-Fact

Date: February 13, 2008	Arthur Richards Rule, individually

	By:	/s/ Gretchen Carter
		Gretchen Carter, Attorney-in-Fact

EXHIBIT 1

AGREEMENT TO FILE JOINTLY

Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, the undersigned hereby agree that only one statement containing the information required by Schedule 13G need be filed with respect to the ownership by each of the undersigned of Common Shares of Transatlantic Petroleum Corp. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original.


Date: February 13, 2008	Exploration Capital Partners 2000 Limited Partnership

	By:	Resource Capital Investment Corporation, its general partner

	By:	/s/ Gretchen Carter
		Gretchen Carter, Secretary/Treasurer

Date: February 13, 2008	Exploration Capital Partners 1998-B Limited Partnership

	By:	Resource Investment Management Corporation, its general partner

	By:	/s/ Gretchen Carter
		Gretchen Carter, Secretary/Treasurer

Date: February 13, 2008	Exploration Capital Partners 2006 Limited Partnership

	By:	Resource Investment Management Corporation, its general partner

	By:	/s/ Gretchen Carter
		Gretchen Carter, Secretary/Treasurer

Date: February 13, 2008	Resource Capital Investment Corporation

	By:	/s/ Gretchen Carter
		Gretchen Carter, Secretary/Treasurer

Date: February 13, 2008	Resource Investment Management Corporation

	By:	/s/ Gretchen Carter
		Gretchen Carter, Secretary/Treasurer


Date: February 13, 2008	Rule Family Trust udt 12/17/98

	By:	Arthur Richards Rule, Trustee

	By:	/s/ Gretchen Carter
		Gretchen Carter, Attorney-in-Fact

Date: February 13, 2008	Arthur Richards Rule, individually

	By:	/s/ Gretchen Carter
		Gretchen Carter, Attorney-in-Fact

EXHIBIT 2

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes and appoints JEFFREY HOWARD and GRETCHEN CARTER, and each of them, his true and lawful attorneys-in-fact and agents with full power to sign for the undersigned and in the name, place and stead of the undersigned, in any and all capacities, any report required to be filed with the Securities and Exchange Commission pursuant to either Section 13 or 16 of the Securities Exchange Act of 1934 and any successor or alternate provisions thereto (the “Exchange Act”) of securities of all entities in which the undersigned may, from time to time, have direct or indirect ownership interests, on, without limitation, Schedule 13D, Schedule 13G, Form 3, Form 4, Form 5 or any other such schedules or forms as may be designated by the Securities and Exchange Commission for such purpose, and any and all amendments thereto and any and all exhibits and other documents necessary or incidental in connection therewith, and to file the same with the Securities and Exchange Commission, hereby granting to said attorneys-in-fact and agents, and each of them, full power of substitution and revocation in the premises, and generally to do and perform each and every act and thing which said attorneys-in-fact and agents, and each of them, may deem necessary or advisable to facilitate compliance with the provisions of said sections of the Exchange Act, and all regulations of the Securities and Exchange Commission thereunder, as fully and to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or any substitute or substitutes for any or all of them, may do or cause to be done by virtue of these presents.

IN WITNESS WHEREOF, the undersigned have hereunto executed this Power of Attorney this 22nd day of October, 2004.


/s/ Arthur Richards Rule
Arthur Richards Rule

RULE FAMILY TRUST U/D/T 12/17/98

By:		/s/ Arthur Richards Rule
		Arthur Richards Rule, as trustee

-----END PRIVACY-ENHANCED MESSAGE-----