Turkey's Zorlu sells oil subsidiary

Zorlu said in a regulatory filing on Thursday that TransAtlantic Worldwide Limited, had bought Amity Oil International Inc. for 96.3 million U.S. dollars.

Turkey's Zorlu sells oil subsidiary

Turkey's Zorlu Electricity Production Co. , part of the country's Zorlu Energy Group, has said it had sold Amity Oil International Inc., a wholly-owned oil and natural exploration and production subsidiary.

Zorlu said in a regulatory filing on Thursday that TransAtlantic Worldwide Limited, had bought Amity Oil International Inc. for 96.3 million U.S. dollars.

The company said it had received 50 million U.S. dollars in advance on July 7, and the second slice of 46.3 million U.S. dollars on Wednesday, adding that all steps of the sale had been completed.


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Last Mod: 26 Ağustos 2010, 11:51
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