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Corporate Profile

Valeura Energy Inc. (“Valeura” or the “Company”) is a Canada-based listed company focussed on exploration, development and production of oil and natural gas.

Since Valeura was established in 2010, the Company has executed a number of commercial transactions, resulting in a significant land position in the Thrace basin of Turkey, just west of Istanbul where it is pursuing a deep, tight gas play estimated to hold 20.0 Tcfe of natural gas resource, based on a prospective resource report per Degolyer and MacNaughton as of December 31, 2018.  The Company also holds an operated interest in two oil fields in the offshore Gulf of Thailand, containing proved and probable reserves of 6.5 million bbls of oil plus 2C unrisked contingent resources of 13.3 million boe, based on a reserves and resources report per Netherland, Sewell & Associates, Inc. as of March 31, 2022.

Valeura is pursuing a clear strategy to add value for shareholders:

  1. Continuing inorganic growth – adding production and cash flow in the near/mid-term through mergers and acquisitions, and
  2. Deep, tight gas play – continuing appraisal of the Thrace basin tight gas play to demonstrate commercial flow and deliver value in the longer-term.

Valeura’s shares are traded on the Toronto Stock Exchange (“TSX”) in Canada under the trading symbol VLE.