X
    X
    X
    X

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

    A Locke Lord team led by Kevin Atkins and Matt Daffurn (both of London) represented TBNG Limited, an investment vehicle of Hannam Investments, the investment office of Mr. Ian Hannam, in the acquisition of onshore producing gas assets from Valeura Energy. The assets, located in the Thrace Basin of Turkey, will be purchased for a cash consideration of $15.5 million plus royalty payments of up to an additional $2.5 million. The deal involved a mix of equity investment and an acquisition finance facility, and Locke Lord is acting for the client as buyer, borrower and equity issuer. Additional assistance was provided by Nick Dent, Nick Jennings and Anastasia Demetriou (all of London).
    Posted on November 2, 2020

    Explore Additional Topics

    Disclaimer

    Please understand that your communications with Locke Lord LLP through this website do not constitute or create an attorney-client relationship with Locke Lord LLP. Any information you send to Locke Lord LLP through this website is on a non-confidential and non-privileged basis. Therefore, do not send or include any information in your email that you consider to be confidential or privileged.