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 MacDaddyDon Sep 28, 2019 1:01pm

190 Views

Post# 30173761

RE:RE:RE:Bati Gurgen-1 as reference

Thank you Zen! As the NR states: "Water production rates declined over the duration of the test....The well was still cleaning up at the end of the test. Any pedantic rants from out of work geologists or bashers with an agenda should be completely ignored at this point.
Sweet spots are coming...the true test(s) of this project!

That well wasn't fraced either, they added 130 tonnes of proppant during this test. 130 tonnes =286,600 pounds of sand, they would of had to of used at least that much slick water or more as a carrier, there is no reason to assume that any of the recovered water is formation water.

Bullboard Posts

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