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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

Comment by savyinvestor333on Apr 01, 2023 10:47am
139 Views
Post# 35373556

RE:RE:RE:RE:RE:Lots of Information in Today's Releases, BUT....

RE:RE:RE:RE:RE:Lots of Information in Today's Releases, BUT....
BERationale wrote: Every month it is not online is 1% (90,000 barrels) of annualized production (9 million barrels) lost. So yes it is a rounding error unless you think it will be offline for a year - but in that case you should just sell your stock to me now.

Fun with numbers is great. Your numbers are correct and so are mine. Right now it is 15% of Daily production not available. If you use 2 years of total production in your example then it would be .5%

FWIW This is my largest holding in a diversified porfolio of 40 companies. I am not SHORT and just trying to offer my opinion amongst many others offered here. Although 2 posters mentioned I should sell I have no intention of that. One track and closed minds are a dangerous thing. Just mentioning anything negative seems to irritate some here. Facts are facts and just because I mention something doesn't mean anything moreor less  than the other posters RAH RAH RAH all the time.
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