Abraaj Capital, Dalea Partners to #acquire Viking from Transatlantic Petroleum

UAE. Abraaj Capital, the leading private equity firm in emerging markets,  today announced that a consortium consisting of funds advised by Abraaj Investment Management Limited (“Abraaj”, an affiliate of Abraaj Capital) and Dalea Partners, LP (“Dalea”, an affiliate of N. Malone Mitchell, 3rd) has entered into a non-binding letter of intent to acquire the oilfield services business of listed TransAtlantic Petroleum Ltd. (“TAT”, TSX: TNP; NYSE-AMEX: TAT), which is substantially comprised of TAT’s wholly owned subsidiaries Viking International Limited and Viking Geophysical Services, Ltd. (together “Viking”).
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