In today’s briefing:
- Valeura Energy (TSX: VLE): Another impressive acquisition in Thailand
Valeura Energy (TSX: VLE): Another impressive acquisition in Thailand
- • Valeura is acquiring from PTTEP 40% WI in Blocks G1/65 and G3/65 with a combined area of 20,134 km2 and bordering some of the largest gas fields in Thailand (Erawan and Bongkot).
- The blocks have multiple gas discoveries that could be developed shortly as tie backs to existing infrastructure—positioning Valeura to potentially book its first gas reserves in the near term.
- Both licences offer oil potential adjacent to Valeura’s current production.
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