Item 3.02 Unregistered Sales of Equity Securities.

On December 31, 2019, TransAtlantic Petroleum Ltd. (the "Company") issued an aggregate of 4,521,360 common shares (the "Shares") in a private placement under the Securities Act of 1933, as amended (the "Securities Act"), to holders of the Company's 12.0% Series A Convertible Redeemable Preferred Shares (the "Series A Preferred Shares") as payment of the quarterly dividend on the Series A Preferred Shares. Each Share was issued at a price of $0.4074 per Share, which was equal to the 15-day volume weighted average price through the close of trading of the common shares on the NYSE American on December 13, 2019.

The Shares were issued pursuant to the exemptions from the registration requirements of the Securities Act provided by Section 4(2) and Rule 506 of Regulation D under the Securities Act ("Regulation D") for sales to "accredited investors" (as such term is defined in Rule 501 of Regulation D). Each investor represented to the Company that it is an "accredited investor." The Shares also contained appropriate transfer restriction legends.

Item 7.01 Regulation FD Disclosure.

On January 2, 2020, the Company issued a press release providing an operations update and announcing the payment of the fourth quarter of 2019 dividend on the Series A Preferred Shares. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

The information in this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be deemed incorporated by reference in any filing of the Company under the Securities Act or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference to this Current Report on Form 8­K in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.



Exhibit No.                        Description of Exhibit
99.1          Press release, dated January 2, 2020, issued by TransAtlantic
            Petroleum Ltd.





                                       2

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses