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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 firstworldon Jul 01, 2023 12:32am
47 Views
Post# 35523380

RE:RE:RE:Singapore Expat Life USD

RE:RE:RE:Singapore Expat Life USD
stiffupperlip wrote: Stiff worked in southeast Asia for quite a number of years. Having an operation in Thailand and having an office in Singapore is a stupid decision. You need to have an office closest to the operation. Are you contracts with the Government of Singapore? NO Are the regulatory authorities stationed in Singapore? NO. Are your HR and accounting funtions centered in Singapore - NO. The only point to being there is to communicate with suppliers but guess what - suppliers have no problem coming out to meet with you in Thailand. This is a huge waste of money. This management team never managed anything operational and so made a terrible decision. Inefficient and expensive and if you were the Thai government poor optics.


Its a gteat way to get five star expat package to EY and otjer international standard c suite package spec.

Pure corruption and betterment on backs of SH 

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