TransAtlantic Petroleum Ltd. provided earnings guidance for the fourth quarter and full year ended December 31, 2012. The company expected total revenues for the quarter ended December 31, 2012 to be between approximately $37.0 million and $39.0 million, inclusive of $2.3 million from the sale of purchased natural gas. Net loss for the quarter expected to be between approximately $19.0 million and $24.0 million. Net loss from continuing operations for the quarter expected to be between approximately $20.0 million and $25.0 million.

For the year ended December 31, 2012 the company expects total revenues to be between $143 million and $145 million, including $7.9 million from the sale of purchased natural gas. Net income expected to be between approximately $4.0 million and $9.0 million and net loss from continuing operations expected to be between approximately $12.0 million and $17.0 million.