Valeura Energy Inc. VLERF

New Press Release - Valeura Energy Inc. Announces Completion of Nong Yao A Infill Drilling

Successful Completion of Nong Yao A Infill DrillingSINGAPORE, SINGAPORE / ACCESSWIRE / December 21, 2023 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, is pleased to...read article.

[CravenMoorehead]

The appraisal well was designed to delineate the extent of certain reservoir intervals in the field that are currently not producing.  Results from the appraisal well have exceeded expectations, with the well confirming approximately 50’ of new net oil pay over several intervals.  The Company anticipates this will give rise to between two and four additional development targets, which

[CravenMoorehead]

You guys were right, this management team is god awful.

[Hannamuk]

More ideas from former Mubadala G&G models, now onboard VLE, I would say  

[Overertune]

I think the biggest advantage is they are in Thailand, people work harder and are more efficient. The projects move really fast.

[Carbonbull]

Management thesis proven , there is more years left in the various fields before remediation liabilities need to be trigge red . This has a profound effect on terminal value. New year should see other institutional buyers paying attention , another accretive acquisition (challenge to find, as this one was special) but they are out there as many projects stranded with access to capital very

[firstworld]

Nothing more than a PR pump on a single hole, with zero substance;  no data, no facts, not even a definition of "succes".   There is no stated production benefit projecrion at all just that, once again have the data to approve further deveopment drilling, Zero noise about production drilling.  There will only be $250M in development drilling infills to keep