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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 SlowAndSteady7on Oct 08, 2019 6:31am
240 Views
Post# 30206255

RE:The Turkish Energy Forum Presentation

RE:The Turkish Energy Forum PresentationI did notice they pushed out the next 4 wells by 1-2 months in the new presentation versus what they put out in September.  Now looking like May.

Not clear if that delay is due to the surprise extra test at Inali (that we now already have results for), or if they plan on adding yet another extra test.  Depends if they new about the extra test before the Sept presentation was put together.

I guess it depends on whether they new about test#3 when they created the last presentation.  Here's hoping for a new surprise.


Bullboard Posts