Toreador Files Registration for Common Stock Offering

Toreador Resources has filed a registration statement with the Securities and Exchange Commission (SEC) for a proposed offering by the company of up to 1,250,000 shares of its common stock.

Toreador intends to use the net proceeds from the offering for general corporate purposes, including funding its 2005 capital expenditure budget.

The offering will be underwritten by Morgan Keegan & Company, Inc. Toreador has granted the underwriter a 30-day option to purchase up to 187,500 additional shares of common stock solely to cover over-allotments, if any, in connection with the offering.

Copies of the preliminary prospectus, when available, may be obtained by contacting Morgan Keegan & Company, Inc., 50 North Front Street, Memphis, Tennessee 38103, 901-529-5357 or 800-366-7426.

A proposed offering of common stock will be made only by means of a prospectus. A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.