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Valeura Energy expands in Thailand, gaining over 20,000 km² in offshore blocks through a partnership with PTTEP.
Canada's Valeura Energy has expanded its operations in Thailand by entering a farm-in agreement with Thailand's leading oil and gas company, PTTEP.
PTTEP will acquire a 40% stake in two offshore blocks in the Gulf of Thailand, significantly increasing Valeura's acreage from 2,623 km² to 22,757 km².
This partnership aims to boost exploration and appraisal activities, with plans for a 3D seismic acquisition in the coming months.
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Valeura Energy se expande en Tailandia, ganando más de 20.000 km2 en bloques offshore a través de una asociación con PTTEP.