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.

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Valeura Energy Inc. > Sean, please give us a 10 cent dividend

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Comment by cyber37on Oct 08, 2023 11:43pm

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Post# 35675604

RE:RE:RE:RE:Sean, please give us a 10 cent dividend

So even though impact of Israel-Hamas conflict on oil price will be short lived this will only positively affect VLE since any bump in oil price goes directly to the bottom line.
As for dividends at this stage…..totally silly idea; company has its’ hands full trying to stop declines & drill for new production. Although there are very positive prospects on the horizon they will need all the cash (….and more) to execute. Want income….buy bonds or get a job.
G37

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