Hydrocarbon Exploration and Development
Search documents
Valeura Energy Inc. Announces Türkiye Joint Venture Agreement
Accessnewswire· 2025-10-15 06:50
Core Viewpoint - Valeura Energy Inc. has entered into a joint venture with Pinnacle Turkey, Inc. and Transatlantic Petroleum LLC to explore and develop hydrocarbons in the Thrace basin of northwest Türkiye, indicating a strategic focus on deep gas exploration despite a pivot towards the Asia-Pacific region [1] Company Developments - The joint venture aims to explore the deep rights formations in the Thrace basin, which is believed to have significant potential for adding value to Valeura Energy [1] - Dr. Sean Guest, President and CEO of Valeura, emphasized the company's ongoing commitment to the deep gas play discovered in northwest Türkiye [1]