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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 Dec 22, 2017 1:02pm
176 Views
Post# 27216948

RE:RE:RE:RE:RE:RE:Final flowing wellhead pressure

RE:RE:RE:RE:RE:RE:Final flowing wellhead pressureViking thus far they have fracked about 75 m of the formation (15m, 34m and 26 m) to evaluate their net play assumptions over 3 representative intervals covering about 447 meters thus far (at least one more to go).  The results have far exceeded expectations consider these very small frack tests were only really designed to see if they could get gas to flow at a reasonable rate.  Just imagine what the results will be when they frac the heck out of several hundred meters in a vertical well or 2-3 kilometrers in a horizontal well.  Pretty exciting stuff!!!!

The fact that Statoil is excited (confirmation soon), Vle is excited, the greater market is excited, VLE is starting to get attention from money managers and likely have offers on the table from large major companies (soon to be confirmed) and Viking is not a happy camper is bewildering.  You must be getting paid by the post or something.  When I see your irrelevant post that are naive and just plan ignorant I think of a guy standing up in the back of a pick-up truck doing 100 km/h with his pants down trying really hard to pee on the drivers but the wind is coming so fast it is blowing back at him but he keeps trying.  Stop it and get in the cab or do it on the side of the road.

L
Bullboard Posts