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 PoorOpinionon Nov 22, 2018 5:40pm

168 Views

Post# 29011725

RE:RE:Even Trake has given up on the " formation water " bash

Trake17 wrote: He, he. Water hits commerciality hard. Ina risk has increased big time. Shaw said no indication of water basen on logs in Yam, not impressed!

He said no indication of water because at the time the company was reporting no water. You want him to make stuff up or see into the future?
Isnt avoiding uncommerial zones, for whatever the reason, and hitting the sweet spots always the name of the game?

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