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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.

G10/48 (Wassana field) 

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. 

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G6/48 (Rossukon field)

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. 

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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.

* Interests in Licence G10/48, Licence G6/48 and the MOPU are presented on a working interest acquired basis to the Valeura-controlled special purpose vehicle, Panthera Resources Pte. Ltd., in which Valeura holds 85% of the share capital, as more fully described in the Company’s April 28, 2022 announcement.