Valeura Energy announces first quarter 2021 results
Valeura Energy announces first quarter 2021 results 13 May 2021 Valeura Energy, an upstream oil and gas company with assets in the Thrace Basin of Turkey, has reported its unaudited financial and operating results for the three month period ended March 31, 2021. Highlights Financial position – Cash position of US$29.4 million at March 31, 2021, expected to increase to approximately US$44 million, upon completion of the shallow gas business sale; Operations – Average Q1 production of 684 boe/d; Shallow sale – All regulatory approvals have been received and currently working on final clos...
Source: energy-pedia.com
