Middle East Economic Survey
VOL. LIII
No 1
4-Jan-2010
TURKEY
TransAtlantic Petroleum Secures Loan For Turkish Operations
Dallas-based TransAtlantic Petroleum on 21 December announced that it had secured a three-year senior revolving facility of up to $250mn with Standard Bank and BNP Paribas to fund the companys operations in Turkey. TransAtlantic said the funding had been arranged through its wholly-owned subsidiaries: Petroleum Exploration Mediterranean Pty Ltd, DMLP Ltd, Talon Exploration Ltd,...
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