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

Post by sneakyvalueon Dec 12, 2019 1:54am

207 Views

Post# 30446564

Some IFs for if we get a NR tonight...

If a 120m interval can give a stabilized IP14 of >0.6 mmcf I will be 'pleased' that there's gas. If we get >0.85, I will be happy. If we get >1.0 I will be very happy. If we get >1.5 I may skip work. If we get >2.0 I will skip work and have a bubbly beverage.

I get that start, finish, average, stabilized flow etc all matter, but in very general terms, IF 120 m of rock can do stabilized IP14 numbers like that, this ain't worth $0.98 CAD per share.

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