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 > Interesting decommissioning number

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Comment by traderlong2on Jan 15, 2023 9:42am

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Post# 35224131

RE:RE:RE:RE:Interesting decommissioning number

from page 12 of the original announcement dec 6th
it breaks down
it says 32 million for Manora the smallest one for decommissioning
also says
Highest level estimates prior to optimisation
licence expiry 2033 for Manora
current economic cut off 2025 but may see extentions
to date has been the case
we could easily garuntee this with the 80 million credit in place
i think 3-5 years before they start the process
glta

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