Valeura Energy Inc. T.VLE

Alternate Symbol(s): VLERF

Energy Oil & Gas E&P

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora field) and G11/48 (Nong Yao field). It holds a 100% operating interest in license B5/27 containing the producing Jasmine and Ban Yen oil fields. It holds an operated 70% working interest in license G1/48 containing the Manora oil field, which produces approximately 2,935 barrels per day (bbls/d) of medium-weight sweet crude oil. The Company holds interests ranging from 63% through 100% in various leases and licenses in the Thrace basin. The Company is also pursuing organic and inorganic growth in Southeast Asia.

TSX:VLE - Post by User

Valeura Energy Inc.

Bullboard Posts

Comment by leverage1971on Jan 25, 2018 2:34pm

142 Views

Post# 27434227

RE:RE:RE:Intriguing timing

Thanks Dave. Question:
Not too far into the past $5 a barrel was the price many co's fetched when being bought out for their deposits. I am sure that wasn't totally true during oil's run to 150 a barrel but humour me.
Based on your hypothetical numbers you see a producible gas valued at 6 billion profit/ TCF
(I think I am reading it right that you have blended in the expected condensate)?

If that is the case what is the purchase price per TCF. I read in a Shaw blog that the adage
was 1 TCF = 1 Billion. Is that a buyout number versus your we are a producer and seller of it number?

Thanks
Lev

I hope my question(s) was clear.

Bullboard Posts

A junior copper-gold stock trading at a bargain of monumental proportions