Valeura holds an operated interest in two shallow water offshore licences in the Gulf of Thailand – Licence G10/48, containing the Wassana oil field and Licence G6/48 containing the Rossukon oil field. In addition, Valeura is purchasing a 100% interest* in a Mobile Offshore Production Unit (“MOPU”), onsite at the Wassana oil field. The transaction was announced on April 28, 2022 and closed on June 15, 2022.
Valeura holds an operated 89% working interest* in Licence G10/48, which contains the Wassana oil field, in water depth of approximately 48 metres in the Pattani basin, in the Gulf of Thailand.
Valeura holds an operated 43% working interest* in the Rossukon oil field development on Licence G6/48, which is in water depth of approximately 53 metres, in the Gulf of Thailand.
Valeura believes Thailand offers a stable and progressive operating environment for the Company to execute its strategy, within a prolific hydrocarbon basin. Click here to read an overview of Thailand.