2/14/2011

Canada’s TA Petroleum acquires two Turkish companies

Dünya - Canadian energy company TransAtlantic Petroleum has announced the acquisition of two Turkish natural gas companies, Thrace Basin Natural Gas Corp. and Pinnacle Turkey, at a total cost of USD 154.4 million. The company has already signed an agreement for the aggregate price of USD 100 million in cash, and 18.5 million common shares in November.
turkey; canada; canadian company; transatlantic petroleum; thrace basin; pinnacle; acquisition

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