CALGARY, Aug. 13, 2018 /CNW/ – Valeura Energy Inc. (TSX:VLE) (“Valeura” or the “Company“) acknowledges the recent drop in the price of its shares and increased trading volume. The Company notes that this coincides with a drop in the value of the Turkish lira over the same period.
Valeura is fully focused on appraising and de-risking its Basin Centered Gas Accumulation (“BCGA”) in Turkey, discovered by the Yamalik-1 well in 2017. As part of its appraisal program spanning 2018 and 2019, the Company has started operations to production test the Yamalik-1 well. The Company confirms that there is … Continue Reading