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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

Post by nozzpackon May 28, 2022 2:06pm
109 Views
Post# 34714605

Oil Piracy on the High Seas…Solving US oil Crisis

Oil Piracy on the High Seas…Solving US oil CrisisIt seems like Biden's solution to the self inflicted US oil crisis has now careened towards oil piracy on the high seas.

Yesterday, potato head ordered Greece to take control of an Irainian flagged oil tanker and transfer the oil to another tanker for transport to the US.

To retaliate, Iran than seized two Greek flagged tankers in the Gulf of Hormuz.

This is the level to which the Davos clown world thugs have dececended to.

One wonders how this outrageous high seas piracy will affect oil prices in the coming weeks..

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