Toreador Announces Update on Its Proposed Sale of Its Black Sea Asset to Petrol Ofisi

* Reuters is not responsible for the content in this press release.

Mon Jan 12, 2009 8:00am EST

DALLAS--(Business Wire)--
Toreador Resources Corporation (NASDAQ: TRGL) (the "Company") and Petrol Ofisi
jointly announced that, following discussions on Friday, January 9th, 2009 with
regard to the previously announced proposed sale of Toreador`s Black Sea asset
to Petrol Ofisi, both parties agreed to a deadline for further discussions of
Monday, January 19th, 2009. There can be no assurance that any agreement will be
reached on completing the sale. 

ABOUT TOREADOR

Toreador Resources Corporation is an independent international energy company
engaged in the acquisition, development, exploration and production of natural
gas, crude oil and other income-producing minerals. The company holds interests
in developed and undeveloped oil and gas properties in France, Turkey, Romania
and Hungary. More information about Toreador may be found at the company's web
site, www.toreador.net. 

Safe-Harbor Statement - Except for the historical information contained herein,
the matters set forth in this news release are "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.Toreador intends
that all such statements be subject to the "safe-harbor" provisions of those
Acts.Many important risks, factors and conditions may cause Toreador`s actual
results to differ materially from those discussed in any such forward-looking
statement.These risks include, but are not limited to whether the transaction to
sell a 26.75% interest in the South Akcakoca Sub-basin is completed on the terms
contemplated, and other risks and uncertainties described in the company's
filings with the Securities and Exchange Commission. The historical results
achieved by Toreador are not necessarily indicative of its future prospects. The
company undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.





Toreador Resources
Arnie McFalls, Controller, 214-559-3933 or 800-966-2141
amcfalls@toreador.net

Copyright Business Wire 2009

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.