Valeura shifts to London
The Turkish gas producer joins Toronto peers in an LSE listing
Canadian independent Valeura Energy, which is focused on conventional and unconventional gas production in the Thrace Basin in western Turkey, became in April the latest in a series of previously solely Toronto-listed oil and gas firms to also make a London market debut. Petroleum Economist spoke to CEO Sean Guest in London in May about the motivation for the new listing and about the firm's ambitious plans for unconventional gas in Turkey. Edited highlights follow. PE: What is the motivation for your London listing? SG: We have been a main board Toronto company for the whole nine years of our history. Toronto has always been a great market to fund international resources, both energy and mi
Also in this section
24 January 2025
Domestic companies in Nigeria and other African jurisdictions are buying assets from existing majors they view as more likely to deliver production upside under their stewardship
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
23 January 2025
The country’s government and E&P companies are leaving no stone unturned in their quest to increase domestic crude output as BP–ONGC tie-up leads the way
22 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised