Valeura has an operated interest in 0.407 million gross acres (0.337 million net acres) of prospective deep rights in the Thrace basin of northwest Turkey.  The lands cover substantially all of the acreage associated with an emerging tight gas appraisal play. 

Thrace Basin Tight Gas Play

Valeura holds interests ranging from 63% through 100% in the deep rights of various leases and licences in the Thrace basin. 

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Turkey Overview

Valeura has operated in Turkey for 12 years, and believes the country presents an excellent stage for hydrocarbon investment, including under-exploited plays within proven petroleum systems and very favourable above-ground characteristics, including strong pricing dynamics, directly linked to the rest of Europe. 

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