Fossil Energy – Acquisition
Valeura Energy, the upstream oil and gas company with assets in the offshore Gulf of Thailand and the Thrace Basin of Turkey, is pleased to announce completion of its transformative Gulf of Thailand acquisition, as announced on December 6, 2022.
Through its wholly-owned subsidiary, Valeura Energy Asia, Valeura is now the holder of a 100% operated interest in Licence B5/27 containing the Jasmine and Ban Yen oil fields, a 90% operated working interest in Licence G11/48 containing the Nong Yao oil field, and a 70% operated working interest in Licence G1/48 containing the Manora oil field.
