London Team Represents TBNG Limited in Acquisition of Onshore Producing Gas Assets in Turkey

A Locke Lord team represented TBNG Limited, an investment vehicle of Hannam Investments, the investment office of Mr. Ian Hannam, in the acquisition of onshore producing gas assets, located in the Thrace Basin of Turkey, from Valeura Energy. The deal, which completed on May 26, 2021, involved a mix of equity investment and an acquisition finance facility, and Locke Lord acted for the client as buyer, borrower and equity issuer. Additional assistance was provided by Nick Jennings (London).
Updated on June 11, 2021