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 19, 2018 3:51pm

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Post# 29136785

RE:RE:100 mmcf from Inanli?

Trake17 wrote: Interesting but in Inanli village Word is that several hundred meters lack gas shows!

OMG Trake so you are saying that there is only 1,600 metres of gas charged rock? I’m pretty sure even just 1 km is more than just fine paid basher Trake.

100mmcf wothout drawdown would be on pace for $1 billion per year in production. Highly unlikely anyone could speculate that. VLE would not have this kind of info until Frac and tests. All zones combined in the well may eventually do that - nobody knows. I’ve flowed close to 100mmcf/d in between Ft Nelson and Ft Liard back in the day for Chevron - The ground shakes and I know it’s possible.

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