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 also operates Floating Storage and Offloading (FSO) vessel Aurora, location at Nong Yao field, offshore Gulf of Thailand.

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Valeura Energy Inc. > Consolidation Opportunitues

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Comment by nozzpackon Jan 30, 2023 12:33pm

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Post# 35254211

RE:RE:RE:RE:Consolidation Opportunitues

2000 bod for 20 m shares ?
I did not say that.
These bits and pierces of completing to 100% of already owned assets might cost no more than $10 million , based on Valeura's deal costs todate.

Palong is privately owned and might be ready to monetize for cash as they will have to pay cash for their share of development costs of these two blocks.

Throw in Thrace, and the spin out could get us $3 to $5 share price if it can succeed in getting a JV partner..

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