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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Post by Sil.Don Apr 07, 2017 12:42am

201 Views

Post# 26089791

anything else new here

anything new in the new presentation

https://www.valeuraenergy.com/upload/news_release/154/06/valeura-april-2017-corporate-presentation-v1-april-1-2017-final.pdf

does this seem right-they spend 13 to 15 million on up to 7 wells to increase sales 350 boe/d-

Transactions have boosted sales, financial capacity & opportunity: –Current net sales approximately 1,150 boe/d >page 2

Expect to execute $13 to 15 MM shallow gas capital program in 2017 of up to seven wells (gross), targeting 2017 exit rate sales of approximately 1,500 boe/d (net) >page 11

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