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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
Post by Oilgasstockon Feb 04, 2020 11:23am
155 Views
Post# 30639893

Pinnacle

PinnaclePinnacle will probably be right next to Valeura for the futur. Perfect fit for them with the same objective. I think equinor walking at this time is a good thing. Maybe not a home run for equinor but for small Valeura it's a home run. Will not be to hard to make money and watch the partner start nocking at the door. All that data and 2 wells in good condition that will bring big return. They will produce gas at every level and test those sweet spots.
Bullboard Posts

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