SOURCE: TransAtlantic Petroleum Ltd.

TransAtlantic Petroleum Ltd.

October 26, 2011 16:15 ET

TransAtlantic Petroleum Ltd. Announces Third Quarter 2011 Earnings and Operations Update Conference Call

HAMILTON, BERMUDA--(Marketwire - Oct 26, 2011) - TransAtlantic Petroleum Ltd. (TSX: TNP) (NYSE Amex: TAT) announced today that it plans to issue its third quarter 2011 financial results news release on Wednesday, November 9, 2011 after the close of trading.

The Company has scheduled a conference call for Thursday, November 10, 2011, at 10:00 a.m. Eastern (9:00 a.m. Central) to provide an operations update and discuss the Company's financial results for the quarter ended September 30, 2011.

Investors who would like to participate in the conference call should dial 877-878-2762, or 678-809-1005 for international calls, approximately 10 minutes prior to the scheduled start time, and ask for the TransAtlantic conference call. The conference ID is 22924205. A replay will be available until 11:59 p.m. Eastern on November 24, 2011. The number for the replay is 855-859-2056, or 404-537-3406 for international calls, and the conference ID is 22924205.

An enhanced webcast of the conference call and replay will be available through the Company's website. To access the conference call and replay, click on "Investors," select "Events," and click on "Webcast" found below the event listing. The webcast requires Microsoft Windows Media Player or RealOne Player. If you experience problems listening to the broadcast, please contact Shareholder.com via phone at 800-990-6397 or email at ClientSupport@Shareholder.com.

About TransAtlantic
TransAtlantic Petroleum Ltd. is an international energy company engaged in the acquisition, development, exploration, and production of crude oil and natural gas. The Company holds interests in developed and undeveloped oil and gas properties in Turkey, Bulgaria, Morocco and Romania. The Company owns its own drilling rigs and oilfield service equipment, which it currently uses to develop its properties in Turkey and provide oilfield services and drilling services to third parties in Turkey and Iraq.

Forward-Looking Statements
This news release contains statements regarding the announcement of the Company's third quarter 2011 financial results, as well as other expectations, plans, goals, objectives, assumptions or information about future events, conditions, results of operations or performance that may constitute forward-looking statements or information under applicable securities legislation. Such forward-looking statements or information are based on a number of assumptions which may prove to be incorrect. In addition to other assumptions identified in this news release, assumptions have been made regarding, among other things, the ability of the Company to continue to develop and exploit attractive foreign initiatives.

Although the Company believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by the Company and described in the forward-looking statements or information. These risks and uncertainties include but are not limited to the continuing ability of the Company to operate effectively internationally, reliance on current oil and gas laws, rules and regulations, volatility of oil and gas prices, fluctuations in currency and interest rates, imprecision of resource estimates, the results of exploration, development and drilling, imprecision in estimates of future production capacity, changes in environmental and other regulations or the interpretation of such regulations, the ability to obtain necessary regulatory approvals, weather and general economic and business conditions. If one or more of these risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected.

The forward-looking statements or information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

(NO STOCK EXCHANGE, SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.)

Contact Information

  • Contact:
    Chad Potter
    VP, Financial and Investor Relations
    Phone: (214) 220-4323
    Internet: http://www.transatlanticpetroleum.com
    Address: 16803 Dallas Parkway
    Suite 200
    Addison, Texas 75001