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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
Post by Sil.Don Sep 01, 2016 10:06am
179 Views
Post# 25198842

from turkish media yesterday

from turkish media yesterday

Statoil "potentially promising natural gas in Thrace"


Announced in May signed an agreement with the Canadian company Valeure to extract shale gas in Banarl basin located in the province of Tekirdag they believe to Norway's largest energy company Statoil reliable natural gas resources in the region. 
Statoil CEO Speaking at ONS International Energy Conference held in Stavanger, Norway, Eldar Stre Fethullahist terror organization in Turkey (feto) expressed that they closely follow the situation after the coup attempt "Turkey is a country to develop its own resources. Our Canadian partner in Thrace continue our cooperation with Valeure gas exploration company. We believe that there are reliable sources in Thrace, "he said. 
Valeure and Statoil of Banarl in the province of Tekirdag in 
Thrace gas conducting exploration work in the field.
 Drilling two large wells in the area, as well as three-dimensional seismic survey work in progress. Companies, then 50 percent of shares at OTC to measure the current gas potential in the depths of the Banarl is common. discovery in the area in question covers approximately 540 square kilometers area.
https://enerjienstitusu.com/2016/08/31/statoil-trakyadaki-dogalgaz-potansiyeli-umu


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