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 Sil.Don Jan 09, 2016 12:32pm

82 Views

Post# 24443173

RE:VLE and the CPI-MEP deal in Turkey

There is also TransAtlantic Petroleum (TAT) close to MEP and VLE in Turkey. TAT will sell or liquidate its Albanian assets to focus on Turkey, which is a good thing for MEP and VLE.....

transatlantic majority partner of valeura on many of there leases & is is the operator we need all of these companies to find lots of ecominical gas to put this area on the map for big oil money

tiz not the plan is to prove up and sell for big payday as these players have done in the past with one deal at 3500%

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