Canada鈥檚 Valeura Energy Inc. has completed an infill drilling campaign at the offshore Jasmine Field in License B5/27 in the Gulf of Thailand.

Valeura, which hold a 100% operated working interest, has hit aggregate oil production of nearly 10,000 bbl/d during the past seven days, Sean Guest, president and CEO said in a Nov. 27 press release.

"Maintaining oil production at this asset is key to generating ongoing cashflow from our portfolio,鈥� Guest said. 鈥淚n addition, the fact that we continue to see appraisal successes at this relatively mature field bodes well for our objective to further extend the economic life of the asset. We expect the results of these wells, and the recent production rates to be considered as part of our year-end reserves assessment, and to support our target of achieving more than a 100% reserves replacement ratio."

Canada’s Valeura Energy Inc. has completed an infill drilling campaign at the offshore Jasmine Field in License B5/27 in the Gulf of Thailand.

Valeura, which hold a 100% operated working interest, has hit aggregate oil production of nearly 10,000 bbl/d during the past seven days, Sean Guest, president and CEO said in a Nov. 27 press release.

"Maintaining oil production at this asset is key to generating ongoing cashflow from our portfolio,” Guest said. “In addition, the fact that we continue to see appraisal successes at this relatively mature field bodes well for our objective to further extend the economic life of the asset. We expect the results of these wells, and the recent production rates to be considered as part of our year-end reserves assessment, and to support our target of achieving more than a 100% reserves replacement ratio."