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TransAtlantic to Market Albanian Assets; Updates Production
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TransAtlantic Petroleum Ltd. announced the launch of a marketing process for the sale of all of its oil and gas assets and operations in Albania, and provided an operational update on its current production.
Launch of Marketing Process for Albania AssetsOn November 16, 2015, the Company's Board of Directors authorized the immediate launch of a marketing process for the sale of all of the Company's oil and gas assets and operations in Albania.
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While TransAtlantic pursues the marketing process, it will continue the execution of its current operational plan focusing on low cost, high return operations. TransAtlantic does not expect to comment further or update the market with further information on the marketing process unless and until the Board of Directors has approved a…
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