TransatlanticOpened with a huge increase this a.m., was up about 50% at one point, this is on top of nice gains last week based on TAT more or less giving away their Albanian assets and seeing the $ value of their reserves take a big hit downward..
Here is an Albanian article, questioning the sale, calling it a straw transaction and asking the government to NOT approve it.
The translation would not paste, here is the link 2 different ways.
5 hours ago - Kompania turke e nafts, Transatlantik Petroleum Ltd njoftoi sot shitjen e operacioneve n Shqipri tek GBC Oil Company Ltd. Sipas njoftimit, shitja tek GBC Oil https://translate.googleusercontent.com/translate_c?depth=1&hl=en&prev=search&rurl=translate.google.com&sl=sq&u=https://alb365.com/transatlantic-njofton-shitjen-te-nje-kompani-fantazme-albpetrol-nuk-e-miratojme/&usg=ALkJrhj5J6X-hAoHQkZ9_Z1uaD2-gZXUpw