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Toreador ends Black Sea land sale negotiations

By Associated Press
June 16, 2008 | Comments (0)

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Toreador Resources Corp. said Monday its negotiations to sell assets in the Black Sea have ended after the oil and natural gas company and several other parties were unable to agree on terms.

Toreador said it plans to pursue other options for the development area, located in the South Akcakoca basin offshore Turkey.

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