WASHINGTON (AP) — French oil and natural gas company Toreador Resources Corp. on Wednesday closed a previously announced sale of its Turkish assets to a private Norwegian energy company.

The company sold Toreador Turkey Ltd. to Tiway Oil for $10.6 million plus exploration success payments of up to $40 million and contingent future net profit payments.

Toreador anticipates a third-quarter gain of $21.2 million from the sale of its Turkish asset.

Shares of Paris-based Toreador fell 30 cents, or 3.2 percent, to $9 in afternoon trading.