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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 Backwardbladeon Nov 13, 2019 12:35am
92 Views
Post# 30343266

RE:RE:Watch no production update

RE:RE:Watch no production update

Everyone wants a gusher.   But you want them to drill a hole to "put on a show"?!! 

These guys are drilling for a long term, high production, country changing gas field.  Where you drill, how you drill, how you frac, and where you pull final production from is kind of important.  You do that by actually poking holes in the ground to get data.  The more data the better.  

Bullboard Posts