Valeura Energy Inc. T.VLE

Alternate Symbol(s): VLERF

Energy Oil & Gas E&P

Valeura Energy Inc. is a Canada-based upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and onshore Turkey. It is also pursuing inorganic growth in Southeast Asia. It 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), 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 3,200 barrels per day (bbls/d) of medium-weight sweet crude oil. It also has an operating interest in 0.407 million gross acres of prospective rights in the Thrace basin of northwest Turkey. It holds interests ranging from 63% through 100% in various leases and licenses in the Thrace basin.

TSX:VLE - Post by User

Valeura Energy Inc.

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Comment by Viking2017jorsaon Aug 02, 2019 9:55am

86 Views

Post# 29987851

RE:RE:RE:RE:RE:Flow data

Overertune wrote: Good input.

From company home page to make it crystal clear:

Production Q1 2019

Valeura currently produces oil and natural gas from relatively shallow conventional reservoirs on its lands in the Thrace Basin of Turkey. As of Q1 2019, the Company’s production was 4,488 Mcf/d natural gas and 20 bbl/d crude oil (total 768 boe/d). This production is transported and treated by Valeura’s owned infrastructure and sold to local customers, generating an ongoing stream of cash flow.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle