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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 SMlachakeon Apr 02, 2023 12:52am
125 Views
Post# 35374302

RE:RE:insurance ?

RE:RE:insurance ?There a lot of 'nice' that management sometimes does not have the luxury to use. They got lots to juggle including legals etc. I would imagine they got this news sometimes Wednesday. I don't think it would serve good business purpose to give public statement about insurance cover from a third party without the third party stating that to them first, and how would that impact the third party itself. These are their business partners and should be for a long time. Sometimes, you give a victim room to put his house in order and confirm the cover themselves. I really think management handled this communication as best as they could. No matter how much these guys give, we will always want more.. 
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