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 also operates Floating Storage and Offloading (FSO) vessel Aurora, location at Nong Yao field, offshore Gulf of Thailand.

TSX:VLE - Post by User

Valeura Energy Inc

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Comment by Houndtraderon Jul 16, 2012 2:35pm

188 Views

Post# 20118122

RE: RE: RE: Interesting Prospect?

I agree Fernando, I was surprised Antolia Energy, would use the word discovery, on such a low flow. But based on their site, they have an estimate of 2-5 Billion barrels oil,in the surrounding area.

Althought the price is depressing to look at,I holding this one for long term.

Not sure if Valeura has been updating there charts, but seems they have more in the production column now, than before, or is my eyes playing tricks on me?

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