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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Comment by bigreturn11on Dec 03, 2017 8:31pm

201 Views

Post# 27081981

RE:RE:RE:RE:RE:RE:late January

A typical BCGA has normal pressured gas and water at the edge of the basin within a anticline trap.

Look at slide 9 of the new presentaiton deck. It shows a typical BGCA cross section where the normally pressured water and gas accumalations are present within the anticline trap and just outside the transition from the syncline.

It's a simple demonstration to show that the VLE play fits the characteristics of a BCGA play.

Slide 9 also shows shows that within the BCGA, the well would encounter overpressured gas with minimal water contact....similar to the Yam-1 log characteristics.

Fits the mold in my books!!

https://www.valeuraenergy.com/upload/news_release/170/05/valeura-december-2017-corporate-presentation.pdf

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