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Valeura Energy Inc. ("Valeura" or the "Company") is a Canada-based public company engaged in the exploration, development, and production of petroleum and natural gas in Turkey. The Company's shares are traded on the Toronto Stock Exchange in Canada under the trading symbol VLE.
Valeura is focused on continuing to grow its resource base and production in the Thrace Basin in Northwest Turkey, where all of its operations are currently located.
Valeura is a coined word developed to brand the new company formed by the merger of two predecessor Canadian companies in early 2010. The root word of the first syllable is "value" in English and French. The first letter "V" evokes the heritage of several members of the management team and directors who had a hand in creating significant shareholder value in previous roles with Verenex Energy Inc., Vermilion Energy Trust, and Aventura Energy Inc.