TransAtlantic Increases Takeover Bid For Incremental

摘要

TransAtlantic Petroleum Corp. says its wholly-owned subsidiary, TransAtlantic Australia Pty. Ltd., has increased its all cash takeover offer for all of the shares of Incremental Petroleum Limited.TransAtlantic Australia increased its all cash bid from Australian $ 1.05 per share to Australian $ 1.07 per share (equivalent to 85 cents Canadian). This represents a premium of 24% to the Incremental closing price of Australian 86 cents per share of Feb. 4, 2009.