TransAtlantic Petroleum Ltd. provided preliminary and unaudited earnings guidance for the first quarter ended March 31, 2013. For the quarter, the company expects total revenues for the quarter ended March 31, 2013 to be between approximately $33.0 million and $37.0 million, as compared to $37.5 million for the quarter ended March 31, 2012. The company expects net income to be between a net loss of approximately $2.0 million and net income of approximately $6.0 million compared to a net loss of $3.6 million for the quarter ended March 31, 2012.

The company cautions that the estimation of net income is preliminary and subject to change, possibly materially.