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Valeura Energy Inc. T.VLE

Alternate Symbol(s):  VLERF

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora field) and G11/48 (Nong Yao field). It holds a 100% operating interest in license B5/27 containing the producing Jasmine and Ban Yen oil fields. It holds an operated 70% working interest in license G1/48 containing the Manora oil field, which produces approximately 2,935 barrels per day (bbls/d) of medium-weight sweet crude oil. The Company holds interests ranging from 63% through 100% in various leases and licenses in the Thrace basin. The Company also operates Floating Storage and Offloading (FSO) vessel Aurora, location at Nong Yao field, offshore Gulf of Thailand.


TSX:VLE - Post by User

Bullboard Posts
Comment by Lurker11on Jul 19, 2017 11:17am
184 Views
Post# 26485703

RE:RE:RE:Jim and Rob Hull on WPC Panel last week and Issues

RE:RE:RE:Jim and Rob Hull on WPC Panel last week and Issueskcac1, yes this added context shows that the outcome of this well is not just significant for STO and our little VLE but also Haliburton, the government of Turkey and other E&P's with challenging unconventional plays.  So the "science project" is just that to leave no stone unturned to fully understand the geology and put all resources necessary to make it into a successful play as there will be a lot of benefit if this well/play is proven to be seccessful.  That is likely why they are more than willing to go well over the necessary spend to make this a success.
I was told there are a lot of eyes on the wells progress now I understand the extent a little better.

Bullboard Posts