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Valeura Energy Inc. T.VLE

Alternate Symbol(s):  VLERF

Valeura Energy Inc. is a Canada-based upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and onshore Turkey. It is also pursuing inorganic growth in Southeast Asia. It 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), 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 3,200 barrels per day (bbls/d) of medium-weight sweet crude oil. It also has an operating interest in 0.407 million gross acres of prospective rights in the Thrace basin of northwest Turkey. It holds interests ranging from 63% through 100% in various leases and licenses in the Thrace basin.


TSX:VLE - Post by User

Comment by firstworldon May 14, 2020 10:03am
117 Views
Post# 31027068

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News out

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News outI'm a sucker for 80% discount especially when the Swedes have proven that the virus models are total garbage, and cruise lines are the most agile and innovative with few rules restricting success. Encouraged even more since supreme court of Wisconsin ruled lock downs are unlawful, invalid, and unenforceable....will rapidly spread to rest of USA now If VLE was using the 35 M to complete the deeps I would not have sold some. Still in big time.
nozzpack wrote: Why take the extra risk when you have no visibility for returning to normal, being confined on a ship with 4000 others souls which is nothing more than an incubation chamber for a variety of viruses.

Turkey gotta have gas to supply domestic consumption , so we have a captive market and lots of production upside from shallow gas reserves which have been Ignored for the past 3 years until now.


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