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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

Post by Gringottson Aug 03, 2023 10:32am
262 Views
Post# 35571050

Latter Part of Next Week...

Latter Part of Next Week......VLE Quarterly Results.

1. Cash on hand is approximately 120m
2. Debt 20 - 30m (maybe)
3. Making a million or more $ a day

Hope to to learn:
1. what is current working capital
2. what is current inventory
3. what is the status of Wassana

I hope the share price continues to rise into the release of quarterly results.
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