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.

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Valeura Energy Inc

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Comment by Chattycon Jan 04, 2016 7:47pm

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Post# 24429013

RE:RE:RE:RE:RE:RE:Valeura Energy tests Bati well at 3.4 mmcf/d

Yes that is the way I see it. Number 1 well from conventional sands. # 2 well has the sands plus the shale gas at the bottom of the well, only #2 well has the goods in an economic way thus to be retrofitted to increase its pressure rating from 5,000 pounds per square inch to 10,000 pounds per square inch, which is expected to be completed by late January. #2 well has 14 meters of aggregate net gas pay, with 15% porosity............sounds like we are in business.......the hounds are about to hunt!!

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