RE:Thrace Basin Natural Gas Co. - Valeura Energy Also found this VLE Press Release from 2020:
AGREEMENT TO SELL SHALLOW CONVENTIONAL ASSETS FOR UP TO US$18 MILLION
Calgary, October 20, 2020: Valeura Energy Inc. (TSX:VLE, LSE:VLU) (“Valeura” or the “Company”), an upstream natural gas company with assets in the Thrace Basin of Turkey, is pleased to announce that it has executed a Share Purchase Agreement (the “Agreement”) to sell its producing shallow conventional gas business to TBNG Limited (the “Buyer”) for a cash consideration of US$15.5 million, plus royalty payments of up to an additional US$2.5 million.
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The question is, did TBNG drill a deep well?? How deep?? and yes, does it somehow affect Us?
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