Oct 3 (Reuters) - TransAtlantic Petroleum Ltd TNP.TO :
* TRANSATLANTIC PETROLEUM ANNOUNCES STRATEGIC ALTERNATIVES UPDATE
* TRANSATLANTIC PETROLEUM LTD - DURING Q3 OF 2018, COMPANY RECEIVED A FORMAL OFFER FROM N. MALONE MITCHELL 3(RD)
* TRANSATLANTIC PETROLEUM LTD - IS IN DISCUSSIONS WITH MITCHELL REGARDING PROPOSED OFFER
* TRANSATLANTIC PETROLEUM LTD - PARTIES ARE CONTINUING PROCESS TO ENTER INTO A LETTER OF INTENT DURING Q4 OF 2018
* TRANSATLANTIC PETROLEUM LTD - FORMAL OFFER RECEIVED FROM MITCHELL ON BEHALF OF MITCHELL GROUP TO ACQUIRE CO