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

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Comment by Don2018on Dec 13, 2019 9:44am

152 Views

Post# 30451539

RE:RE:RE:RE:RE:RE:Firstworld thoughts?

TheRock077 wrote: The plugs between the three stimulated zones have been drilled out and production tubing is now being installed in preparation for the commingled flow test.

The company does not intend to produce the well at an aggregate of the three individual test rates, but rather intends to production test the well under rate-controlled conditions to measure longer-term flow stability.

Yeah, and the decline rate is astronomical!

But keep trying, scumbag

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