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Lamacraft selling at Valeura Energy (T:VLE)

Updated Friday Dec 15, 2017 01:37 AM EDT

Scott Emmett Lamacraft, a 10% Holder, disposed of 300,000 Common Shares on a direct ownership basis at a price of $3.182 on December 11th, 2017. The insider also disposed of 185,000 Common Shares on an indirect ownership basis for registered holder Leigh Lamacraft at a price of $3.300 on December 11th, 2017. This represents a $1,565,130 divestment of the company's shares and an account share holdings change of -6.3%.

Valeura Energy is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Valeura Energy Inc. is a Canada-based company engaged in the exploration, development and production of petroleum and natural gas in Turkey. The Company 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 Company 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 Company holds interest in approximately five exploration licenses in the Anatolian Basin located around the city of Gaziantep in southeast Turkey.

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Go to Valeura Energy Inc. (VLE)'s company page

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