Thursday, March 15, 2007

Transmeridian Exploration (TMY) to Review Strategic Alternatives for Major Asset of Company

Transmeridian Exploration Incorporated (AMEX: TMY) plans to review strategic alternatives for its South Alibek field in Western Kazakhstan. The field represents substantially all of the assets of the company. Strategic alternatives include the sale of a partial or complete interest in the field, a farm-in arrangement or a sale of the company in its entirety.

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