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.

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Valeura Energy Inc. > Nat Gas Prices in Turkey

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Post by DocPaton Aug 03, 2022 5:03pm

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Post# 34869493

Nat Gas Prices in Turkey

Taken from the CEO.COm Board for TCF:

Turkish spot price has increased from 13,000 Turkish liras per 1k cubic meter of nat gas on Friday July 29th to 18,125 liras on Monday August 1st (+39.42%). 1k cubic meter = 35.3 mcf. 18,125 liras / 1000 * 35.3 = 617 liras per mcf. Converted to USD that's $34.38/mcf. Henry hub at $8.2/mcf.

They will get a partner soon (IMHO) .. and then look out.

Much better production package to exploit in SE Asia, and with room to move .. and when/if we get a new partner in the Thrace (And my bet is the new partner will not be someone small and the drill program will be geared to produce and not just for science) the thing could be much bigger and much more solid than ever before.

Long VLE.

All IMHO,

Doc.

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