The Yamalik-1 exploration well testing program is underway. The company will complete an eight-stage fracture stimulation over four intervals, and plans on testing each interval. Results are expected in approximately 60 days. For Statoil to earn its 50% WI in the deep section of the Banarli License and West Thrace Acreage, the company plans to invest up to an estimated US$75 mm. We estimate the value to Valeura at C$73 mm or C$1.00 per share. Valeura previously reported 3Q17 production of 1,0
