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Monday, 08 September, 2008, 17:50 GMT | more prices >>

Transmeridian in talks with bidder



By Upstream staff 

Houston-based Transmeridian Exploration said it was in talks with prospective buyers after receiving an offer for the company as part of its strategic review process.

The company said it could not predict the outcome of the talks or the timing of any deal for its outstanding shares which might emerge.

Transmeridian is developing oil projects in the Caspian Sea basin in Kazakhstan and southern Russia.


Thursday, 01 November, 2007, 17:55 GMT  | last updated: Thursday, 01 November, 2007, 17:55 GMT

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