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

Bullboard Posts

Comment by Dave4444on Jan 30, 2018 9:47am

155 Views

Post# 27461571

RE:Think a BCGA will be mentioned in the RA news release?

If they do the entire basin of 400,000 acres, at a 40 acre drill spacing that would be 10,000 wells and as an economic well should flow at least 2 billion to 4 billion CF of gas. That would result in indicated recoverable gas resources in the 20 to 40 trillion CF range for the entire basin. A large number.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario