Oct 17 (Reuters) - Valeura Energy Inc VLE.TO :
* Valeura announces Yamalik-1 testing program and operational update
* Valeura Energy Inc - Agreement with Statoil (OL:STL) Banarli Turkey for completion, multi-stage fracing, flow testing program for Yamalik-1 well
* Valeura Energy Inc - Yamalik-1 testing program is expected to commence during November 2017
* Valeura Energy Inc - Estimated all-in cost of Yamalik-1 testing program is US$10.3 million, to be funded 100% by Statoil up to a cap of 110% of budget