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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

Post by traderlong2on Nov 19, 2021 8:04am
198 Views
Post# 34144592

Turkish Gov would be the perfect partner

Turkish Gov would be the perfect partner We never did get any follow up from the august 31st news release

maybe related ?
glta


TPAO Will Become Operator on Valeura's Land! Home PageEnergy Tuesday, August 31, 2021 09:22 127 Subscribe Trkiye Petrolleri Anonim irketi took over a part of Valeura Energy's oil exploration field located in Tekirda and Krklareli within the F19-d1 sheet. In the statement made by the General Directorate of Mining and Petroleum Affairs (MAPEG); It has been informed that the transfer of a part of the oil exploration field within the borders of Tekirda and Krklareli provinces of the Netherlands-based Valeura Energy Netherlands BV, within the F19-d1 sheet, to the Turkish Petroleum Corporation (TPAO) has been completed. According to the contract signed between the companies, TPAO will have 100% undivided right over Valeura Energy's 100% share in the said land. Registration of rights in favor of TPAO in the Petroleum Registry, with TPAO being the operator in the activities to be carried out in the said field, according to the contract and legal regulations signed between the companies by MAPEG; Kaynak Linki = https://www.yeraltihaber.com/haber/tpao-valeuranin-arazisinde-operator-olacak-1150
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