One-Page Deal Sheet
TransAtlantic Petroleum Buys Direct Petroleum Bulgaria
Transatlantic Petroleum Ltd. Anschutz Morocco Corporation, Direct Petroleum Bulgaria Eood, Direct Petroleum Morocco Inc.
Announced Date
February 21,2011
Close Date
February 18,2011
Transaction Type
Corporate
Location
Country
Bulgaria
Transaction Details: Subscribe to see
Texas-based company TransAtlantic Petroleum has closed deals on the acquisition of 100% of Direct Petroleum Bulgaria EOOD, Direct Petroleum Morocco Inc., and Anschutz Morocco Corporation.
The deal with Direct Petroleum Exploration, Inc. was closed on February 18, 2011, TransAtlantic Petroleum said in a statement on Monday.
It issued 8 924 478 of its common shares to Direct Petroleum, and paid USD 2 M in cash consideration at closing in addition to USD 492 000 in cash adjustments.
TransAtlantic Petroleum Ltd. is a vertically integrated, international energy company engaged in the acquisition…
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