Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

(a) The information disclosed under Item 5.02 below is incorporated herein by reference.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) The common stock of The Meridian Resource Corporation (the "Company") is listed on the New York Stock Exchange ("NYSE"). As such, the Company is required to comply with Section 303A.01 of the NYSE Listed Company Manual, which requires a listed company to have a majority of independent directors on its board. As previously reported, the Company has not been in compliance with that requirement since December 2008. Immediately prior to the resignations described below, the Company had four independent and six non-independent directors on its board.

Accordingly, effective October 13, 2009, Joe E. Kares, G.M. (Byrd) Larberg and Gary A. Messersmith, each of whom were non-independent directors, voluntarily resigned from the Company's board of directors, resulting in four independent and three non-independent directors remaining on the board. The decision of each of Messrs. Kares, Larberg and Messersmith to resign was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Rather, the resigning directors agreed to resign to facilitate compliance with Section 303A.01 of the NYSE rules for listed companies.

The Company thanks Mr. Kares, Mr. Larberg and Mr. Messersmith for their contributions and service to the Company over many years.

---