Valeura published its prospective resource report that was 8x greater than our prior unrisked estimate and 14x greater than our prior risked estimate. For Valeura’s working interest in the deep rights of the Thrace Basin, the Pmean resource estimate is approximately 10.1 tcfe unrisked and 5.2 tcfe risked. Valeura and Statoil will put the Yamalik-1 discovery well on production in 2Q18e and commence drilling an initial three well program in 3Q18e. Due to the prospective resource report, w
07 Feb 2018
Prospective resource report far greater than expected
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Prospective resource report far greater than expected
Valeura published its prospective resource report that was 8x greater than our prior unrisked estimate and 14x greater than our prior risked estimate. For Valeura’s working interest in the deep rights of the Thrace Basin, the Pmean resource estimate is approximately 10.1 tcfe unrisked and 5.2 tcfe risked. Valeura and Statoil will put the Yamalik-1 discovery well on production in 2Q18e and commence drilling an initial three well program in 3Q18e. Due to the prospective resource report, w