Toreador Resources selling U.S. mineral, royalty assetsPlans to use $45 million proceeds to develop international prospects Allen Baker Petroleum News Contributing Writer
Toreador Resources Corp. is selling its U.S. mineral and royalty assets in a $45 million sale that cuts the Dallas company’s resource base by 14 percent.
The company announced the sale Dec. 10, but didn’t name the buyer. According to Toreador executives, the deal has been approved by boards of both....
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