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Green Marine

about 18 years ago

Toreador Turkish sell-off halted

Toreador Resources said talks have ended with the winning bidder for the sale of a portion of its working interest in the South Akcakoca Sub-Basin project and surrounding Western Black Sea exploration acreage off Turkey. Toreador said the parties, including the three companies associated with the bi

1 minutes read

Toreador Resources said talks have ended with the winning bidder for the sale of a portion of its working interest in the South Akcakoca Sub-Basin project and surrounding Western Black Sea exploration acreage off Turkey.

Toreador said the parties, including the three companies associated with the bidder, were unable to reach mutually acceptable terms.

Toreador said it now expects to pursue other options with regard to this particular asset.

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