Join today and have your say! It’s FREE!
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 frostbackon Nov 26, 2019 4:31pm
134 Views
Post# 30395202

RE:RE:P8=643mcf/d in Inanli deep

RE:RE:P8=643mcf/d in Inanli deepThis is all very interesting....talk of horizontals....50% decline rates.....short sellers...boogie men in the closet! lol Get serious folks....this is a very speculative play and as such one can expect to loose their investment. I believe Viking has a cautious outlook of show me the numbers and then a sound decision can be made based on factual evidence. IP rates are just that - Initial Production rates that are used to fill a statistical model that may or may not be close to the relative decline rates depending upon how close the assumptions in the model are to actual operating conditions.....and this will change from location to location in the field itself. All of that being said, I have watched this board over the last year with interest and at this price I will pick up a few shares on "Speculation". GLTA
Bullboard Posts