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Valeura Energy Inc.

09:46 AM EST - Valeura Energy Inc. : Has finished successfully drilling and logging the Inanli-1 appraisal well. Inanli-1 drilled to a total depth of 4,885 metres. The objective section from 3,270 metres to 4,885 metres (1,615 metres gross column) is high net-to-gross sandstone that is interpreted to contain over-pressured gas. More natural fracturing was encountered than in Yamalik-1, including four stand-out intervals. Valeura Energy Inc. shares T.VLE are trading up $0.31 at $3.86.