Mr. Chad Potter reports

TRANSATLANTIC PETROLEUM ANNOUNCES NYSE MKT ACCEPTANCE OF PLAN OF COMPLIANCE WITH CONTINUED LISTING STANDARDS

TransAtlantic Petroleum Ltd. has received notice from NYSE MKT regarding the company's efforts to regain compliance with the exchange's continued listing standards and sections 134 and 1101 of the exchange's company guide.

The company was afforded an opportunity to submit a plan of compliance to the exchange, and on April 16, 2013, the company presented its plan to the exchange. On April 25, 2013, the exchange notified the company that it accepted the company's plan of compliance and granted the company an extension until July 1, 2013, to regain compliance with the continued listing standards. The company will remain listed and will be subject to the periodic review by the staff of the exchange during the extension period. Failure to make progress consistent with the plan or to regain compliance with the continued listing standards by July 1, 2013, could result in the company being delisted from the exchange.

The company had previously announced that it is not in compliance with sections 134 and 1101 of the company guide and is in material violation of its listing agreement with the exchange due to its failure to file timely its annual report on Form 10-K for the year ended Dec. 31, 2012, with the Securities and Exchange Commission.

We seek Safe Harbor.