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TransAtlantic Petroleum Announces the Appointment of Charles J. Campise to the Board of Directors

HAMILTON, Bermuda, June 29, 2012 (GLOBE NEWSWIRE) -- TransAtlantic Petroleum Ltd. (TSX:TNP)(NYSE Amex:TAT) is pleased to announce the appointment of Charles J. Campise to the Company's Board of Directors. Mr. Campise brings more than 20 years of international oil and natural gas financial and accounting expertise to TransAtlantic's Board, including serving as Senior Vice President and Chief Financial Officer of Toreador Resources from May 2006 to March of 2010 and as Corporate Controller for Transmeridian Exploration from December 2003 until May 2005. Mr. Campise's work experience also includes international financial and accounting positions with Apache Corporation and Ocean Energy. Mr. Campise is a certified public accountant and holds a B.A. degree in accounting from University of St. Thomas.

About TransAtlantic

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

The TransAtlantic Petroleum Ltd. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=12745

(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 regarding the appointment of a Board member, 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.

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: 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

TransAtlantic Petroleum Ltd. Logo

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