TransAtlantic New Chief Operating Officer

January 9, 2012

Bermuda domiciled TransAtlantic Petroleum Ltd announced that Gary T. Mize has resigned as the Company’s President and Chief Operating Officer, and Mustafa Yavuz has been appointed Chief Operating Officer.

Chief Operating Officer Transition. TransAtlantic’s Board of Directors has accepted the resignation of Gary T. Mize as the Company’s President and Chief Operating Officer and subsequently appointed Mustafa Yavuz as Chief Operating Officer.

Mr. Yavuz joined TransAtlantic in June 2011 in connection with the Company’s acquisition of Thrace Basin Natural Gas (Turkiye) Corporation (TBNG). Mr. Yavuz joined TBNG in 1987 and was named TBNG’s Vice President and Chief Operating Officer in 2004.

He was a key contributor to TBNG’s growth and efficient operations and the Board expects his leadership to provide a similar impact at TransAtlantic. Mr. Yavuz has an established understanding of the geology and operational practices and procedures in Turkey and within TransAtlantic.

A native of Turkey, Mr. Yavuz grew up in the southeastern part of the country and holds a Bachelors of Science in Geological Engineering from Ankara University.

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