Toreador Repurchases $16.7 Million Face Value of Its 5% Convertible Notes

DALLAS--(Business Wire)--
Toreador Resources Corporation ("Toreador" or the "Company") (Nasdaq:TRGL) today
announced that it has repurchased $16.7 million face value of its 5% convertible
senior notes, due in 2025, at a discounted purchase price of $12.7 million. In
addition, the Company expensed $0.65 million of prepaid loan fees attributable
to the repurchased notes. This repurchase will result in a gain of $3.3 million
on the early extinguishment of debt, which will be recorded in the second
quarter of 2009.

Mr. Craig McKenzie, CEO of Toreador, said, "We continue to prudently strengthen
our balance sheet and improve our capital structure. We believe these bond
repurchases are another important step toward achieving our strategic priorities
for 2009, and underscore our commitment to building long-term value for our
shareholders. Since the beginning of this year we have reduced our total
indebtedness from $110.2 million to $63.6 million. We are now working diligently
to reduce our debt further."

Toreador`s new corporate presentation is available on our website,
www.toreador.net.

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, and
Hungary. More information about Toreador may be found at the company's web site,
www.toreador.net.

Forward Looking Statements - Except for the historical information contained
herein, the matters set forth in this press 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, estimates
of reserves, estimates of production, future commodity prices, exchange rates,
interest rates, geological and political risks, drilling risks, product demand,
transportation restrictions 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.Toreador 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 Corporation
Shirley Z. Anderson, Corporate Secretary, 214-559-3933
sanderson@toreador.net

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