Valeura Energy Inc.: Strategic Farm-in Agreement with PTTEP - Valeura Energy (OTC:VLERF)

Valeura Energy Inc.: Strategic Farm-in Agreement with PTTEP - Valeura Energy (OTC:VLERF)

SINGAPORE, July 25, 2025 (GLOBE NEWSWIRE) -- Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) ("Valeura" or the "Company") is pleased to announce that it has entered into a Farm-in Agreement with PTT Exploration and Production Plc ("PTTEP"), through its subsidiary, PTTEP Energy Development Company Limited to earn a 40% interest in Blocks G1/65 and G3/65 (the "Blocks"), in the offshore Gulf of Thailand (the "Farm-in").  Key Highlights Strategic Partne…

Gulf of Thailand: PTTEP signs farm-in agreement with Valeura, acquires Chevron interest - Drilling Contractor

PTTEP signed a Sale and Purchase Agreement (SPA) to buy 100% of the outstanding shares of Chevron, which holds a 50% participating interest in Block A-18 of the Malaysia–Thailand Joint Development Area (MTJDA). The base consideration was USD 450 million, subject to normal purchase price adjustments. This transaction increases the company’s investment in the MTJDA … The post Gulf of Thailand: PTTEP signs farm-in agreement with Valeura, acquires C…