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Valeura Energy Inc T.VLE

Alternate Symbol(s):  VLERF

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

Bullboard Posts
Comment by Chattycon Jan 09, 2016 2:12pm
83 Views
Post# 24443356

RE:RE:Presentation Update

RE:RE:Presentation Update
To get to the Teslimkoy zone in the photo on page 20, looks like 4,700 m - 4,800 m to hit the bottom of it. J/V partner would be good to see what's there, as it'll cost a bit to put a couple wells down that deep............................Go through the presentation in its entirety. These guys are pros. 6 development locations and how many zones per location? 1? 2? 3? Look at those exploration targets to the north on the 3D? They look a little bigger......... don't they? All of this is on a small portion of the overall Banarli block. Lots of running room here. .........don't look for negativity if there isn't any, concentrate on the positives management keep putting out as they update their corp. presentations on a regular basis......Enjoy the ride!
Bullboard Posts