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 > 20% Exploration Success of Nong Yao by New Technology

<< Previous

Bullboard Posts

Next >>

Comment by Hannamukon Dec 11, 2022 7:20am

147 Views

Post# 35164478

RE:20% Exploration Success of Nong Yao by New Technology

In line with what Audun said. Thickness of sand important for using geophysics to avoid water sands and drill the whole oil bearing. Challenge is that thickest sands are drilled in the infills already producing.
AVO in the thinner sands targeted now will be exciting

<< Previous

Bullboard Posts

Next >>

They started in video game investing, now they serve high net worth traders