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Valeura Energy Inc. T.VLE

Alternate Symbol(s):  VLERF

Energy Oil & Gas E&P
Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora field) and G11/48 (Nong Yao field). It holds a 100% operating interest in license B5/27 containing the producing Jasmine and Ban Yen oil fields. It holds an operated 70% working interest in license G1/48 containing the Manora oil field, which produces approximately 2,935 barrels per day (bbls/d) of medium-weight sweet crude oil. The Company holds interests ranging from 63% through 100% in various leases and licenses in the Thrace basin. The Company is also pursuing organic and inorganic growth in Southeast Asia.


TSX:VLE - Post by User

Valeura Energy Inc. > Significant Shareholder Acknowledgement
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Comment by Hannamukon Nov 09, 2023 9:17am
74 Views
Post# 35725705

RE:Significant Shareholder Acknowledgement

RE:Significant Shareholder Acknowledgement

Bigpond wrote:

Singapore, November 9, 2023: Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, acknowledges the reported shareholding by Thoresen Thai Agencies Public Company Limited (“TTA”) of a 10.14% interest in its common shares.

TTA has disclosed its acquisition of 10,309,900 shares in Valeura, amounting to a 10.14% interest in the Company and therefore becomes the Company’s second largest shareholder.  Further, TTA has announced that its purchase was conducted on the open market.

Sean Guest, President and CEO of Valeura commented:

“I am pleased to welcome TTA to our shareholder register.  We continue to believe an investment in Valeura shares offers substantial potential value for both pre-existing and new shareholders alike.  Having a seasoned local investor take up a substantial position in our shares validates our strategy.  We intend to continue delivering value through growth, for the benefit of all our stakeholders.”

TTA is a Thailand-based strategic investment holding company that is listed on the Stock Exchange of Thailand.  They hold a diverse portfolio of interests covering the shipping, offshore service, agrochemical, and food & beverage industries, and have been known to invest in various facets of the oil & gas industry



 

Thoresen norwgian origin?

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