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 bxjuon Mar 07, 2016 7:21pm

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Post# 24632344

RE:RE:RE:BCGA DOA?

They have licenses completely around the Banarli license, some JV with VLE some without. Go to their website and their presentation for annual meeting page 34. The 2 recent VLE wells are very close to JV property operated by TAT. Any basin centered play may be bigger news for them than VLE just because of all of the licenses they hold in the basin and why I wondered why they had such a big run up today when their news was last Wed and not that great imo? And why I asked if TAT may be involved in the testing of the 2 VLE.wells.

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