Haynes and Boone Represents TransAtlantic Petroleum in Offering

12/14/2009

DALLAS – Haynes and Boone, LLP represented TransAtlantic Petroleum Ltd. in its offering of common shares outside the United States, and a concurrent private placement of common shares domestically. TransAtlantic sold an aggregate of 49,048,790 common shares for gross proceeds of about Cdn $115.3 million.

Dallas Partner Garrett DeVries led the Haynes and Boone team assembled for the transaction, which closed Nov. 23. He was assisted by Dallas associate Yuki P. Whitmire and New York associate Avital Even-Shoshan.

The offering was handled through a syndicate of underwriters led by Canaccord Capital Corporation and Genuity Capital Markets. Net proceeds are expected to be applied toward TransAtlantic’s 2010 capital expenditure program and for general corporate purposes.

The common shares were sold publicly in Canada in the provinces of Ontario, Alberta and British Columbia. In the U.S., the common shares were marketed on a private placement basis, and in the United Kingdom they were sold in accordance with applicable local securities legislation and regulations.

About Haynes and Boone
Haynes and Boone, LLP is an international corporate law firm with offices in Texas, New York, California, Washington, D.C., Mexico City and Moscow, providing a full spectrum of legal services. With more than 500 attorneys, Haynes and Boone is ranked among the largest law firms in the nation by The National Law Journal. The firm has been recognized as one of the "Best Corporate Law Firms in America" (Corporate Board Member Magazine, 2001-2009), as one of "The Best 20 Law Firms to Work For" (Vault.com, 2009), and as a Top 100 law firm for both diversity (MultiCultural Law Magazine, 2009) and women (Women 3.0, 2008).

About TransAtlantic
TransAtlantic Petroleum Ltd. is a vertically integrated, international energy company engaged in the acquisition, development, exploration, and production of crude oil and natural gas. The Corporation holds interests in developed and undeveloped oil and gas properties in Turkey, Morocco, Romania, and California. Additional information about the Corporation may be obtained by visiting the Corporation's website, www.transatlanticpetroleum.com.

Media Contacts

Nathan Koppel
Director of Media Relations
+1 512.867.8431
nathan.koppel@haynesboone.com
Linda Campbell
Communications Manager
+1 214.651.5362
linda.campbell@haynesboone.com

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