TSX:VLEOil and Gas
Is Valeura Energy’s (TSX:VLE) Manora Output Bump Reframing Its Long-Term Production Narrative?
Valeura Energy Inc. recently completed an infill drilling campaign at the Manora field in the Gulf of Thailand, bringing three newly drilled wells onstream and lifting average working-interest oil output from about 1,950 bbls/d to 2,626 bbls/d before royalties.
With all wells drilled safely, on time and on budget, and one appraisal well converted directly into a producer, the campaign may influence future reserve evaluations and extend Manora’s production profile.
Next, we’ll assess how this...