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Strategies & Market Trends : Ride the Tiger with CD
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From: ogi7/25/2025 7:21:19 AM
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Valeura Energy Inc. Announces Strategic Farm-in Agreement with PTTEP

Strategic Farm-in Agreement with PTTEP

Major Offshore Acreage Expansion Creates New Growth Platform in the Gulf of Thailand

CALGARY, AB / ACCESS Newswire / July 25, 2025 / 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 Partnership: Farm-in Agreement with PTTEP, the largest oil and gas explorer, producer, and operator in Thailand;

· Substantial Acreage Expansion: Increases Valeura's gross acreage position in Thailand from 2,623 km² to 22,757 km²;

· Prime Location Adjacent to Major Infrastructure: The Blocks are strategically positioned next to some of Thailand's largest producing gas fields and Valeura's oil fields;

· Discoveries: 15 oil and gas discoveries on the Blocks, supported by 27 wells which encountered oil and gas pay;

· Infrastructure-Led Growth: Existing discoveries and exploration prospects that the Company believes can be tied back quickly to existing oil and gas infrastructure; and

· Immediate Activity: Exploration and appraisal work already underway with 3D seismic acquisition planned to commence in the coming months.



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