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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 is also pursuing organic and inorganic growth in Southeast Asia.


TSX:VLE - Post by User

Bullboard Posts
Comment by leverage1971on Nov 29, 2019 9:17am
127 Views
Post# 30405049

RE:Initial flow pr frack compared

RE:Initial flow pr frack compared Even if it were that simple to "coordinate," the point is that there are large zones that have
OGIP, and that with ever improving understanding of the resevoir and its response to stimulation, gas flows. Sometimes its bone dry, other times its not. You alluded to the "Bossier play" which for some in N.A ,especially those that played with tight gas plays in the deep south, means some wells produce short and long term blah rates, and yet others over 50 mmcf/d over months. 

No offense but that is like comparing VLE to the ocean, you can stand in it and play football with friends, but also drown in the 38000 foot deep Mariana trench. 

Also don't forget they have drilled, tested thousands of wells in this part of the U.S not 3, 4 or even 5.

Personally anything in between is fine by me.

Remember friends what keeps being validated is the "value" we have here. In the short term we are in tax loss selling season, U.S Thanksgiving so no one is really listening and the impending Equinor decision. Farmland in Thrace just went through the roof! I knew I should have bought that pasture.

Lev
Bullboard Posts