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 > 2023 production cycles

<< Previous

Bullboard Posts

Next >>

Comment by Suppe11on Jan 18, 2024 8:44am

149 Views

Post# 35833143

RE:2023 production cycles

Hannamuk wrote:
Q1 20,475 bbls/day

Q2 22,097

Q3 19,961

Q4 19,165

Seems on par with Mubadala performance

That's btw. the firstworld style. The nunbers are right and don't look very impressive.
But it's the short story. The longer story is:

Wassana was out for 3 quarters. They drilled the 2 (very important) wells at Wassana and only operated one rig. So these 2 wells were missing at other fields (500-1000 bpd p.a.).

<< Previous

Bullboard Posts

Next >>

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload