09:54 AM EST - Valeura Energy Inc. : provided an update of its first quarter 2012 operational activities in Turkey and Canada. Valeura's average natural gas price realization in Turkey in the first quarter of 2012 was $7.74 per thousand cubic feet, up 5.5% from the fourth quarter of 2011. This first quarter increase is due primarily to renegotiated prices, effective January 1, 2012, under contracts for gas sales from the lands purchased from Thrace Basin Natural Gas (Turkiye) Corporation and Pinnacle Turkey Inc. in the Thrace Basin. Valeura Energy Inc.
shares T.VLE are trading down $0.01 at $1.85.