Tsakos Energy Navigation (TNP) to Sell Thrace Basin Natural Gas Unit; Issues Production Update
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TransAtlantic Petroleum Announces Entry into Agreement for the Sale of its Subsidiary, Thrace Basin Natural Gas (Turkiye) Corporation, and Provides a Production Update
October 13, 2016 4:30 PM EDTHAMILTON, Bermuda, Oct. 13, 2016 (GLOBE NEWSWIRE) -- TransAtlantic Petroleum Ltd. (TSX: TNP) (NYSE-MKT: TAT) (the Company or TransAtlantic) today announced that it has entered into a share purchase agreement with Valeura Energy Netherlands B.V. (Valeura) for the sale of its wholly-owned subsidiary, Thrace Basin Natural Gas (Turkiye) Corporation (TBNG), and provided a production update.
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