Valeura Energy Inc. is a Canadian upstream oil and gas company focused on the exploration, development and production of petroleum and natural gas primarily in the offshore Gulf of Thailand and the Thrace Basin of northwest Türkiye. The company holds material operated working interests in four producing oil fields in Thailand, including 100% in Jasmine and Ban Yen on block B5/27 (light/medium sweet crude, 7.7 mbbls/d), 90% in Nong Yao on block G11/48 (light sweet crude, 8.9 mbbls/d), 100% in Wassana on block G10/48 (medium/heavy sweet crude, 4.0 mbbls/d) and 70% in Manora on block G1/48 (medium sweet crude, 2.4 mbbls/d); it also maintains 63-100% interests in deep rights exploration licenses and production leases covering 955 km2 in Türkiye for a tight gas play. Operations target immediate cash flow generation from Thailand assets leveraged to Brent pricing, with ongoing infill drilling, field optimizations and near-field exploration across stacked reservoirs; the company operates an FSO vessel at Nong Yao and pursues emissions reduction initiatives such as waste gas utilization for power at Jasmine. Founded in 2010 and headquartered in Singapore with an executive office there, Valeura lists on the TSX (VLE) and OTCQX (VLERF/PNWRF). Recent developments include a May 2025 final investment decision on Wassana field redevelopment with a new central processing platform for production growth, cost reductions and hub potential targeting first output in Q2 2027; a ten-well drilling campaign at Nong Yao in Q3 2025; and an October 2025 joint venture with Transatlantic Petroleum in Türkiye, where Transatlantic funds Devepinar-1 re-entry (up to US$2 million) and potential Hanoglu-1 appraisal (up to US$8 million) to earn 50% working interest in the deep gas play, with testing slated for Q4 2025.