Valeura Energy Inc. T.VLE

Alternate Symbol(s): VLERF

Energy Oil & Gas E&P

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

Valeura Energy Inc.

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Post by cyber37on Apr 29, 2023 1:32am

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Post# 35420543

Re - start

Unlike first time – with Thrace basin where Mr. Guest did NOT buy a single share with his own money this time around he bought some skin; I like that. That alone gives me some level of confidence in this Thailand acquisition so I bought some more myself.
I’m still not convinced when comes to his ability as an ‘oil man’ but hey with all that ‘free cash flow’ you can hire big brains anytime you need one. Like I said before….I’m here to stay & see how this re-start plays out.
G37

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