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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 also operates Floating Storage and Offloading (FSO) vessel Aurora, location at Nong Yao field, offshore Gulf of Thailand.


TSX:VLE - Post by User

Valeura Energy Inc
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Post by grandcoeur9999on Jan 02, 2018 10:49am
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Post# 27261150

Valeura Announces Completion of CEO Succession Plan

Valeura Announces Completion of CEO Succession PlanCALGARY, Jan. 2, 2018 (Canada NewsWire via COMTEX) -- /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ Valeura Energy Inc. ("Valeura" or the "Corporation") (TSX: VLE) is pleased to announce the appointment of Sean Guest as the Chief Executive Officer of the Corporation effective January 1, 2018. The appointment of Sean is the final step of the Corporation's CEO succession plan announced on October 19, 2017. Sean was hired as the Chief Operating Officer of the Corporation in May 2017 and assumed the role of President of the Corporation on October 19, 2017. Sean replaces Jim McFarland who has retired from executive duties but will continue to serve on the Board and provide consulting services to the Corporation.
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