TransAtlantic Petroleum Corp.

TransAtlantic Petroleum Corp.

June 25, 2008 12:39 ET

Barbara Pope Announces Acquisition of Common Shares of Transatlantic Petroleum Corp.

POTTSBORO, TEXAS--(Marketwire - June 25, 2008) - TransAtlantic Petroleum Corp. (TSX:TNP) Barbara Pope ("Pope") announced today that during the week of June 16, 2008, Pope, as trustee for certain trusts, acquired control over 280,000 common shares of TransAtlantic Petroleum Corp. ("TransAtlantic") at a price of US $1.03 per share, representing approximately 0.36% of TransAtlantic's issued and outstanding shares. Pope, together with her husband, owns or, as trustee, has control over 7,965,000 common shares, or 10.1% of the 78,747,428 issued and outstanding common shares of TransAtlantic.

The acquisition of the 280,000 shares took place through the facilities of the Toronto Stock Exchange. The shares were acquired for investment purposes. Pope may acquire additional common shares of TransAtlantic, depending on market conditions and in compliance with applicable law.

Pope will be filing a report (as contemplated by National Instrument 62-104 The Early Warning System) in connection with the acquisition of the shares. For further information, or to obtain a copy of such report, please contact Matthew McCann at (405) 286-6324, ext. 1036.

Contact Information

  • Barbara Pope
    1491 Cooks Corner Rd
    Pottsboro, Texas 75078