-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
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 ACABqtFVbH8Ae61oz3F+Ng==

<SEC-DOCUMENT>0001181431-09-055707.txt : 20091209
<SEC-HEADER>0001181431-09-055707.hdr.sgml : 20091209
<ACCEPTANCE-DATETIME>20091208205113
ACCESSION NUMBER:		0001181431-09-055707
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20091209
DATE AS OF CHANGE:		20091208
EFFECTIVENESS DATE:		20091209

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TRANSATLANTIC PETROLEUM LTD.
		CENTRAL INDEX KEY:			0001092289
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL AND GAS FIELD EXPLORATION SERVICES [1382]
		IRS NUMBER:				841147944
		STATE OF INCORPORATION:			D0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-86040
		FILM NUMBER:		091229873

	BUSINESS ADDRESS:	
		STREET 1:		5910 N. CENTRAL EXPRESSWAY SUITE 1755
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75206
		BUSINESS PHONE:		214-220-4323

	MAIL ADDRESS:	
		STREET 1:		5910 N. CENTRAL EXPRESSWAY SUITE 1755
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75206

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TRANSATLANTIC PETROLEUM CORP.
		DATE OF NAME CHANGE:	20050527

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TRANSATLANTIC PETROLEUM CORP
		DATE OF NAME CHANGE:	20000918
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

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    <primaryIssuer>
        <cik>0001092289</cik>
        <entityName>TRANSATLANTIC PETROLEUM LTD.</entityName>
        <issuerAddress>
            <street1>5910 N. Central Expressway</street1>
            <street2>Suite 1755</street2>
            <city>Dallas</city>
            <stateOrCountry>TX</stateOrCountry>
            <zipCode>75206</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>214-220-4323</issuerPhoneNumber>
        <jurisdictionOfInc>BERMUDA</jurisdictionOfInc>
        <issuerPreviousNameList>
            <previousName>TransAtlantic Petroleum Corp.</previousName>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <previousName>TRANSATLANTIC PETROLEUM CORP.</previousName>
            <previousName>TRANSATLANTIC PETROLEUM CORP</previousName>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Matthew</firstName>
                <middleName>W.</middleName>
                <lastName>McCann</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5910 N. Central Expressway</street1>
                <street2>Suite 1755</street2>
                <city>Dallas</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>75206</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Scott</firstName>
                <middleName>C.</middleName>
                <lastName>Larsen</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5910 N. Central Expressway</street1>
                <street2>Suite 1755</street2>
                <city>Dallas</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>75206</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Hilda</firstName>
                <middleName>D.</middleName>
                <lastName>Kouvelis</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5910 N. Central Expressway</street1>
                <street2>Suite 1755</street2>
                <city>Dallas</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>75206</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
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            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Jeffrey</firstName>
                <middleName>S.</middleName>
                <lastName>Mecom</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5910 N. Central Expressway</street1>
                <street2>Suite 1755</street2>
                <city>Dallas</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>75206</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>N.</firstName>
                <middleName>Malone</middleName>
                <lastName>Mitchell, 3rd</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5910 N. Central Expressway</street1>
                <street2>Suite 1755</street2>
                <city>Dallas</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>75206</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Brian</firstName>
                <middleName>E.</middleName>
                <lastName>Bayley</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5910 N. Central Expressway</street1>
                <street2>Suite 1755</street2>
                <city>Dallas</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>75206</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Alan</firstName>
                <middleName>C.</middleName>
                <lastName>Moon</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5910 N. Central Expressway</street1>
                <street2>Suite 1755</street2>
                <city>Dallas</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>75206</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michael</firstName>
                <middleName>D.</middleName>
                <lastName>Winn</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5910 N. Central Expressway</street1>
                <street2>Suite 1755</street2>
                <city>Dallas</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>75206</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Mel</firstName>
                <middleName>G.</middleName>
                <lastName>Riggs</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>5910 N. Central Expressway</street1>
                <street2>Suite 1755</street2>
                <city>Dallas</city>
                <stateOrCountry>TX</stateOrCountry>
                <zipCode>75206</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Oil and Gas</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>$1 - $1,000,000</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-11-24</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>6888</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Canaccord Adams Inc.</recipientName>
                <recipientCRDNumber>1020</recipientCRDNumber>
                <associatedBDName>Canaccord Adams USA</associatedBDName>
                <associatedBDCRDNumber>7449</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>99 High Street</street1>
                    <city>Boston</city>
                    <stateOrCountry>MA</stateOrCountry>
                    <zipCode>02110</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>CA</state>
                    <state>IL</state>
                    <state>MA</state>
                    <state>NY</state>
                    <state>RI</state>
                    <state>TX</state>
                </statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>SMH Capital Inc.</recipientName>
                <recipientCRDNumber>20580</recipientCRDNumber>
                <associatedBDName>SMH Capital Inc.</associatedBDName>
                <associatedBDCRDNumber>20580</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>527 Madison Avenue</street1>
                    <city>New York</city>
                    <stateOrCountry>NY</stateOrCountry>
                    <zipCode>10022</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>CA</state>
                    <state>CT</state>
                    <state>IL</state>
                    <state>MA</state>
                    <state>NJ</state>
                    <state>NY</state>
                    <state>OK</state>
                    <state>TX</state>
                </statesOfSolicitationList>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>61394724</totalOfferingAmount>
            <totalAmountSold>61394724</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse>The amounts are based upon an exchange rate of 1 USD = 1.0577 CAD on November 24, 2009.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>31</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>2765054</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse>The amounts are based upon an exchange rate of 1 USD = 1.0577 CAD on November 24, 2009.</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>6000000</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse>The Company may use up to $6 million of the gross proceeds to pay off a loan payable to Viking Drilling, LLC, an entity in which Dalea Partners, LP owns 85%.  The Company's chairman, Mr. Mitchell, owns and controls Dalea Partners, LP.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>true</authorizedRepresentative>
            <signature>
                <issuerName>TRANSATLANTIC PETROLEUM LTD.</issuerName>
                <signatureName>/s/ Jeffrey S. Mecom</signatureName>
                <nameOfSigner>Jeffrey S. Mecom</nameOfSigner>
                <signatureTitle>Vice President and Corporate Secretary</signatureTitle>
                <signatureDate>2009-12-08</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----