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 > Q3 production

<< Previous

Bullboard Posts

Next >>

Comment by bfwon Oct 06, 2023 10:14am

152 Views

Post# 35672988

RE:RE:Q3 production

Hannamuk wrote: Compared to Q2 2023

Oil production of 22,097 bbls/d;

Math is tough ;)

As a precautionary measure, Valeura has opted to temporarily suspend production operations at the field, which had been producing approximately 2,400 bbls/d of oil at the time of the event, representing approximately 10% of Valeura's aggregate net production. The Company is undertaking a thorough review of safety and operating practices on the third-party operated FSO before restarting the production.

<< Previous

Bullboard Posts

Next >>

Canada Nickel unveils second of seven resources planned by mid-2025