As a result of the delayed Form 10-Q filing, Canadian regulators have, according to their policies, issued orders to cease trading of Toreador shares in Canada. Toreador has retained Canadian counsel to investigate its alternatives in Canada.
Toreador Resources Corporation is an independent international energy company engaged in the acquisition, development, exploration and production of natural gas, crude oil and other income-producing minerals. The company holds interests in developed and undeveloped oil and gas properties in France, Hungary, Romania and Turkey. In the United States, Toreador primarily owns working interests in five states.
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