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 Jan 18, 2019 4:50pm

116 Views

Post# 29253791

RE:RE:RE:RE:RE:RE:RE:RE:RE:Guys in Dallas

So what you're saying Fake is the three well program was based on data prior to openning Yam for long term testing? We are still good for the program because that data still stands?

Presumably Equinor didnt just toss a coin and make a call, they had access to all that original data, all that raw data that they did their own analysis on. Whatever the issues are with Yam now, after being closed for 9 months and only being a vertical exploration well and so on, that original data that they based the investment on still stands firm. They did their own analysis of log data and core data and all the other data and came to the conclusion it was worth investing more. They didnt really on idiots in Dallas or idiots in kilts or any of the other idiots you think surround this project, they relied on their own idiots to make the call based on a data set that is yet to be overturned by whatever has happened at Yam in the past month or two. In fact something you dont seem to want to talk about is the initial, limited info we have on Ina over the same period seems to confirm everything that was good about that original data set they based their investment in this project on.

So generally speaking evrything is fine, and the only space you get to play in is the unknowns and so-called insights you supposedly have from an endless stream of contacts who one minute are flying drones over the site and next are at the heart of Equinor. I've long been curious, is the best way you can use this extensive network of contacts is to inform vague, mind1ess little posts on SH BBs? With that sort of network of informants you should be too big to be bothering with little guys like us, there must be people out there with far more $$$$$$ than us that would pay for your insights? There's millions to be made, you're not getting the true value of your worth by posting here.

Trake17 wrote: I know a little about Equin, they signed Two more wells before Yamalik long term test,hear they are not so happy now

Conermcdaved wrote: Trake I know you think this is not a good investment in your opinion why do you think BG continues to invest and up its stake. And why do you think the consortium continues to waste their money? Thx