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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
Comment by PSDFinancieron Nov 13, 2018 1:36pm
203 Views
Post# 28966493

RE:RE:Water Production Similar Between Yamalik and Granite Wash?

RE:RE:Water Production Similar Between Yamalik and Granite Wash?I appreciate the response. I was trying to look at this in the most conservative way possible, as it wasn't clear to me from the Powerpoint slide if the water being produced in the GW study included frac fluid as well or was just formation water. I guess my point though was that even if you look at this in the most conservative way, Yamalik still looks comparable to Granite Wash. And if you're right and this isn't the right comparison because we don't even know if Yamalik produces any formation water yet, then that would be even more bullish. Either way, it seems like today's slide is a stark overreaction unless there's a technical point that I'm missing.



Bullboard Posts