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.

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Valeura Energy Inc > News From KE 30% WI in Onshore Gas field

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Post by nozzpackon May 02, 2022 10:01am

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Post# 34647276

News From KE 30% WI in Onshore Gas field

As posted previously, KE owns 30% of the Block 9 gas field currently producing about 100 MMcf per day ( about 16,500 boepd ) and still has another 12 years of reserves left .

It is the most attractive KE asset and its acquisition by Valeura et al would be even more of a game changer.

Interestingly, KE has taken Bangladesh National oil to court for not paying its $37 million US share of the development costs of an offshore block held by KE....see this link

https://globalarbitrationreview.com/oil-company-takes-bangladesh-icsid-over-tax-bill

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