TransAtlantic Petroleum Announces Quarterly Earnings Call

TransAtlantic Petroleum Announces Quarterly Earnings Call

HAMILTON, Bermuda, Nov. 1, 2013 (GLOBE NEWSWIRE) -- TransAtlantic Petroleum
Ltd. (TSX:TNP) (NYSE-MKT:TAT) (the "Company" or "TransAtlantic") today
announced that it expects to issue its earnings release for the third quarter
of 2013 after the market closes on Thursday, November 7, 2013.

The Company will host a live webcast and conference call on Friday, November
8, 2013 at 7:30 a.m. Central (8:30 a.m. Eastern) to discuss third quarter 2013
financial results and provide an operations update. Investors who would like
to participate in the conference call should dial (877) 878-2762 or (678)
809-1005 approximately 10 minutes prior to the scheduled start time and ask
for the TransAtlantic conference call. The conference ID is 93888062.

An enhanced live webcast of the conference call and replay will be available
through the Company's website at www.transatlanticpetroleum.com. To access the
webcast and replay, click on "Investors," select "Events & Presentations," and
click on "Listen to webcast" under the event listing. The webcast requires
iOS, Microsoft Windows Media Player or RealOne Player.

A telephonic replay of the call will be available through November 14, 2013
and may be accessed by dialing (855) 859-2056 or (404) 537-3406. The
conference ID is 93888062.

About TransAtlantic

TransAtlantic Petroleum Ltd. is an international oil and natural gas company
engaged in the acquisition, exploration, development and production of oil and
natural gas. The Company holds interests in developed and undeveloped
properties in Turkey and Bulgaria.

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

Forward-Looking Statements

This news release contains statements concerning the issuance of earnings
releases, timing of earnings conference calls, and 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, market prices
for natural gas, natural gas liquids and oil products; estimates of reserves
and economic assumptions; the ability to produce and transport natural gas,
natural gas liquids and oil; the results of exploration and development
drilling and related activities; economic conditions in the countries and
provinces in which the Company carries on business, especially economic
slowdowns; actions by governmental authorities, receipt of required approvals,
increases in taxes, legislative and regulatory initiatives relating to
fracture stimulation activities, changes in environmental and other
regulations, and renegotiations of contracts; political uncertainty, including
actions by insurgent groups or other conflict; outcomes of litigation; the
negotiation and closing of material contracts; shortages of drilling rigs,
equipment or oilfield services.

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.

CONTACT: Taylor Miele
         Director of Investor Relations
         (214) 265-4746
        
         Wil Saqueton
         Vice President and Chief Financial Officer
         (214) 220-4323
        
         TransAtlantic Petroleum Ltd.
         16803 Dallas Parkway
         Addison, Texas 75001
         http://www.transatlanticpetroleum.com

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