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Valeura Energy Inc. T.VLE

Alternate Symbol(s):  VLERF

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

Bullboard Posts
Comment by AndyPapon Oct 01, 2019 1:38pm
195 Views
Post# 30182944

RE:RE:Sept 2019 Corporate presentation shows...

RE:RE:Sept 2019 Corporate presentation shows...
Chreca1 wrote:
SlowAndSteady7 wrote: ...Valeura and partners drilling 4 wells in 2020 starting around March.  No way they can do that without a new raise on the markets.

Looks like this preso was updated just before test #3 on Inali, so fairly recent.

If they are planning on raising money soon, you can bet your bottom dollar every bit of good news they may have been holding on to is about to get released soon.  They are going to want to get this done before December to get the cash in place to line up the rig and equipment for March.

Put your seatbelts on kiddos.  They either have, or expect good news soon.


Did you find that "Breaking News" on page 14 in the Corp. Presentation ? If so why didn`t you mention the 39 wells to be drilled in 2021-2024...imagine the raise for that !!! LOL


This project, if it works, it will become largely self funding.
Bullboard Posts