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TransAtlantic Petroleum Acquires Stream Oil and Gas

Transatlantic Petroleum Ltd. Stream Oil & Gas Ltd
AnnouncedSep 3, 2014
TypeCorporate
Announced Date
September 03,2014
Effective Date
November 19,2014
Close Date
November 19,2014
Transaction Type
Corporate
Enterprise Value (EV)($MM)
41




Snapshot
Net Acres
Location
Region
Canada

Country
Canada


Transaction Details:  Subscribe to see

Closing Announcement - November 19, 2014

TransAtlantic Petroleum Ltd. reported the successful completion of its previously announced acquisition of Stream Oil & Gas Ltd. The Company also announced Douglas Nester as its Vice President of Albania.

Effective today, TransAtlantic closed the acquisition of all of Stream's outstanding common shares in exchange for up to 3.8 million common shares of TransAtlantic in accordance with an Arrangement Agreement with Stream. Per the Arrangement Agreement, 0.04812 of a common share of TransAtlantic was issued at closing for each Stream common share and an…

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