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 > Rossukon oil field?

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Comment by savyinvestor333on Apr 18, 2023 8:46am

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Post# 35400124

RE:Rossukon oil field?

Hannamuk wrote: Valeura’s guidance estimates and Contingent Resources summary below do not currently include any spending or production relating to the Rossukon oil field development on Licence G6/48. The Company will provide additional clarity on the Rossukon oil field in due course.

I thought I read earlier that they need to drill on this property before year end to keep it. Please correct me if I am wrong.

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