• Valeura has increased its stake the Thailand SPV from 85% to 87.5%, reflecting its increased investment in the SPV. As a result, Valeura will capture a larger proportion of the value of the Thai assets, which we view as very positive.
• Valeura has received notification of certification of the Wassana MOPU. This is an important milestone given that this was not under Valeura’s control and required the approval of a third party in order to make the facility insurable.
• The MT Jaka Tarub stora ....

24 Jan 2023
Valeura Energy (TSX: VLE): Increasing stake in Thailand SPV. Wassana MOPU recertified.

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Valeura Energy (TSX: VLE): Increasing stake in Thailand SPV. Wassana MOPU recertified.
• Valeura has increased its stake the Thailand SPV from 85% to 87.5%, reflecting its increased investment in the SPV. As a result, Valeura will capture a larger proportion of the value of the Thai assets, which we view as very positive.
• Valeura has received notification of certification of the Wassana MOPU. This is an important milestone given that this was not under Valeura’s control and required the approval of a third party in order to make the facility insurable.
• The MT Jaka Tarub stora ....