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Toreador Announces Commencement of Public Offering of Common Stock

Toreador Resources Corporation (NASDAQ: TRGL) today announced that it is
commencing a public offering of shares of its common stock.

Toreador intends to use the net proceeds, together with cash on hand, to
satisfy payment obligations arising from the holders’ exercise, if any,
of their right on October 1, 2010 to require the Company to repurchase
its 5.00% Convertible Senior Notes due 2025 and for general corporate
purposes, which may include working capital, capital expenditures and
acquisitions.

RBC Capital Markets and Thomas Weisel Partners LLC are acting as joint
book-running managers for the offering. The Company intends to grant the
underwriters a 30-day option to purchase up to an additional 15 percent
of the shares offered to cover over-allotments, if any.

This offering is being made only by means of a prospectus supplement and
related prospectus. Copies of the prospectus supplement and accompanying
prospectus relating to this offering may be obtained by contacting RBC
Capital Markets Corporation, Three World Financial Center, 200 Vesey
Street, 8th Floor, New York, NY 10281-8098, Attention: Equity Syndicate,
(212) 428-6670 or Thomas Weisel Partners LLC, One Montgomery Street, San
Francisco, CA 94104, Attention: Equity Syndicate, (415) 364-2720.

The shares are being offered pursuant to an effective shelf registration
statement. This press release shall not constitute an offer to sell or a
solicitation of an offer to buy any securities nor will there be any
sale of these securities in any state or jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
ABOUT TOREADOR
Toreador Resources Corporation is an independent energy company engaged
in the acquisition, development, exploration and production of crude
oil. The company holds interests in developed and undeveloped oil
properties in France. More information about Toreador may be found at
the company’s web site, www.toreador.net.
Forward Looking StatementsExcept 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, estimates of reserves, estimates of
production, future commodity prices, exchange rates, interest rates,
geological and political risks, drilling risks, product demand,
transportation restrictions, actual recoveries of insurance proceeds,the ability of Toreador to obtain additional capital, 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.

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