With Toni Elias now confirmed as completing Pramac d'Antin's 2008 line-up, the event will also mark the 20-year-old's fourth and final scheduled appearance for the satellite Ducati team.
Davies has done well in difficult circumstances and some championship points would be just reward as he contemplates his future either in America or Europe.
"I like Valencia and have gone well there in the past although I've found in both Phillip Island and Sepang it's very different on the 800cc MotoGP bike," said the Briton. "There are a couple of things I want to try and sort out with the team but if we can get a good clear run through practice and qualifying to the race, I'm confident we can do well. Also not many teams have tested the 800's at Valencia which should be an advantage.
"The most important job is going to be getting the bike to handle correctly because it is quite twisty in the infield. It is all about chassis performance through there, especially on a MotoGP bike, there is no place to really wind it up.
"From a tyre point of view, my first MotoGP race at Laguna Seca was quite easy, which I appreciate in hindsight, because of the amount of grip we had there, I think the balance of the chassis and tyres was working awesome there.
"In Phillip Island, things were a little bit more difficult just to find the rear grip, but not every track is going to be the same, so hopefully this weekend we can make another step forward," Chaz concluded.
