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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

Comment by firstworldon Jun 14, 2023 2:16am
73 Views
Post# 35495239

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Shorts have covered maybe now we climb back to 3

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Shorts have covered maybe now we climb back to 3
cyber37 wrote: Re-drilling oil field with horizontals is exactly what needs to be done there. Getting over 1200b/d is the price of good plan. Horizontal wellbores require less pressure/drawdown and are ideal for mature reservoirs; glad to see this being implemented in Nong Yao field. I think this is just a beginning of similar programs in other fields.
I thought some statistics from russian war in Ukraine would bring 1st world up to speed there; over 200,000 combat losses/russian soldiers, 300 plus planes, almost 4000 tanks & 18 ships including this ‘fishing’ boat Moskva. Over 1200/day were being sent by Putin to a senseless slater in Bakhmut alone. How can humane society tolerate that….well; they are not humane.          
G37
LOL drink the coolaid you better run  there to help them celebrate all the victories haha lime all the other global minority war porn idiots coming back in black bags.





 



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