TransAtlantic Petroleum Ltd. - 2010-10-11

Closed registered direct public offering of approximately 30.4 million common shares at a price of $2.80 per share. Net proceeds are expected to be approximately $80.6 million. Madison Williams and Co. LLC is lead placement agent and sole bookrunner, and Wunderlich Securities Inc. is the co-placement agent. GMP Securities LP, Canaccord Genuity Corp., Global Hunter Securities LLC and TD Securities Inc. are advisors. TransAtlantic was represented by Haynes and Boone LLP, U.S. securities counsel, and Appleby, Bermuda counsel. The placement agents were represented by Bracewell & Giuliani LLP.