Valeura Energy VLE.TO · CAD

Its shares trade on Toronto Stock Exchange under the ticker VLE.TO. It has been listed since 9 February 2004. In the fiscal year to 31 December 2025, it reported revenue of $614.2m and net income of $23.2m. At that date it held total assets of $884.2m and shareholders' equity of $541.8m.

Valeura Energy, Inc. engages in the exploration, development, and production of petroleum and natural gas in Turkey. The company is headquartered in Calgary, Alberta. The company went IPO on 2004-02-09. The firm is focused on its natural gas operations in the Thrace Basin in northwest Turkey. The Thrace Basin is located in an area west of Istanbul and extending to the borders with Greece and Bulgaria. The TBNG-PTI JV lands are located in the Thrace Basin. Natural gas is produced from both conventional and unconventional (tight gas) sandstone reservoirs in onshore leases and licenses on the TBNG-PTI JV lands. The Thrace Basin also includes Banarli exploration licenses. The firm also holds interests in minor properties, including production leases at Edirne in the Thrace Basin. The natural gas production from the Edirne production leases is sold domestically to a wholesale gas marketer. The firm holds interest in approximately five exploration licenses in the Anatolian Basin located around the city of Gaziantep in southeast Turkey.

Figures and description from our data supplier, not checked against the company's own report.

• Dr. Timothy MarchantNon-Executive Independent Chairman of the Board$251,947
• Dr. William GuestPresident, Chief Executive Officer, Director, since 2017$3.3m
• Mr. Yacine Ben-MeriemChief Financial Officer$2.0m
• Dr. Greg KulawskiChief Operating Officer$2.2m
• Mr. Kelvin TangExecutive Vice President - Corporate, General Counsel, Corporate Secretary$1.4m
• Dr. Ian WarrilowThailand Country Manager$1.1m
• Mr. Timothy ChapmanNon-Executive Independent Director$163,904
• Ms. Anna GreenNon-Executive Independent Director$141,518
• Mr. Russell HiscockNon-Executive Independent Director$179,011
• Ms. Lina LeeNon-Executive Independent Director$145,432
• Mr. Chalermchai MahagitsiriNon-Executive Independent Director
• Dr. James McfarlandNon-Executive Independent Director, since 2010$142,756

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