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Valeura Energy Inc T.VLE

Alternate Symbol(s):  VLERF

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

Post by traderlong2on Sep 01, 2022 8:33am
203 Views
Post# 34934833

more to come ?

more to come ?

 

Valeura Energy Inc. Announces Change of Executive Status

 

2022-09-01 02:50 ET - News Release

 

CALGARY, AB / ACCESSWIRE / September 1, 2022 / Valeura Energy Inc. (TSX:VLE) (the "Company"), the upstream oil and gas company with assets in the Thrace Basin of Turkey and in the offshore Gulf of Thailand, announces that Gordon Begg, Vice President, Commercial will cease to be a named as an executive officer of the Company as of September 1, 2022. He will continue to support the Company in a part-time consulting role.

Sean Guest, President and CEO commented:

"Gord has been a fixture in our executive team for the past four years and we have all benefitted from his boundless energy and multi-disciplined skill set. As our Company transitions toward being a Southeast Asia-focused oil producer, Gord has chosen to transition to a consulting role for personal reasons."

For further information, please contact:

Valeura Energy Inc. (General Corporate Enquiries) +1 403 237 7102
Sean Guest, President and CEO
Heather Campbell, CFO
Contact@valeuraenergy.com

Valeura Energy Inc. (Capital Markets / Investor Enquiries) +1 403 975 6752

Robin James Martin, Investor Relations Manager +44 7392 940495

IR@valeuraenergy.com

Auctus Advisors LLP (Corporate Broker to Valeura) +44 (0) 7711 627 449
Jonathan Wright

Valeura@auctusadvisors.co.uk

CAMARCO (Public Relations, Media Adviser to Valeura) +44 (0) 20 3757 4980
Owen Roberts, Billy Clegg
Valeura@camarco.co.uk

About the Company

Valeura Energy Inc. is a Canada-based public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and in Turkey, and is pursuing further inorganic growth in Southeast Asia.

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