Valeura Energy Inc. T.VLE

Alternate Symbol(s): VLERF

Energy Oil & Gas E&P

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

Valeura Energy Inc.

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Comment by leverage1971on Dec 12, 2019 11:45am

101 Views

Post# 30447972

RE:RE:Reservoir Probably Extends 2000 m below D1 TD

I guess the question is do the Equinor reservoir engineers, or those employed by VLE
see potential in the column for HZ, and as it has been alluded to (maybe by you) vertical commingling, deviated wells for deeper. Maybe they feel where Dev is now is not easily made in to HZ so use another method. Maybe they think Dev current depth can have success at HZ but deeper requires different method. The key will be the calculation based on the data that we will never see and the available expertise and new technologies that again we will never understand...but someone will.

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