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.

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Valeura Energy Inc. > Will Valeura Be CanAsia Partner in Offshore Bid

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Comment by Hannamukon Dec 28, 2022 6:03am

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Post# 35193137

RE:RE:RE:Will Valeura Be CanAsia Partner in Offshore Bid

Very solid foundation for claiming bid!:-)))

nozzpack wrote: Blocks up for auction are not very frequent....many years apart...so it's now or never for CanAsia.
Thats why I think CanAsia is a participant in the 2022 Auction.

The cost of bidding is within its budget and should it be successful, it will be easy to raise funds

Besides, It won't be the operator, so no concerns there..