Canadian independent Valeura Energy is forging ahead with expansion plans in Thailand, having agreed to acquire assets operated by KrisEnergy and Mubadala Energy’s last year.
The Toronto-listed company is looking to boost production and conduct further exploration on both offshore assets, where it
Early last month, Valeura agreed with Mubadala to acquire its subsidiary Busrakham Oil & Gas, which has three operated offshore assets in the Gulf of Thailand.
Valeura Energy Inc (LON:VLU) is an upstream oil & gas company, with a clear strategy to add value for shareholders. The Company has a strong balance sheet positioning it for potential inorganic growth opportunities in the near/medium-term, and substantial longer-term upside potential through an operated deep, tight gas play.
