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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 bxjuon Jan 31, 2016 8:01pm
110 Views
Post# 24510950

RE:RE:What do you guys think the chances of

RE:RE:What do you guys think the chances of Great reply Chatty, Thanks...I, like many, are hopingyou are right and  for the deep UC gas being economical and that they are able to produce gas from that level and start producing in the next month or so as they should have the pipeline on site by now.



If  Scotia is slowing down their selling, then VLE may move up without news. I guess we will see tomorrow.   Although I think VLE might at least update the public on the first well confirming when it went into  production, etc and may or may not say much about Y-1 assuming they do not quickly rule out economical gas deep, like they did with the last well.






Bullboard Posts