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TransAtlantic Shuffles Thrace Basin Management Team

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As a result of the TransAtlantic Petroleum Ltd.'s successful initial results in several new plays in Southeastern Turkey, and continued activity in the Thrace Basin, TransAtlantic has advanced an ongoing process to increase internal exposure to resource development practices among management and evaluation personnel.

As part of this strategy, TransAtlantic is evolving toward a hub-and-spoke structure, with a strong technical team based in Dallas, Texas and regional outposts staffed predominately with local experts and asset-focused, execution-minded, operating teams who rotate frequently to North America to facilitate exposure to resource play concepts and related technology.

N. Malone Mitchell, 3rd, TransAtlantic's Chairman and Chief Executive Officer stated, "I am encouraged by our…

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