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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. > Debt free
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Comment by cyber37on Dec 06, 2023 4:10pm
172 Views
Post# 35771749

RE:RE:RE:RE:RE:Debt free

RE:RE:RE:RE:RE:Debt freeOver 10% cave-in on big volume demands an explanation from the company. Are they all on the beach?

It is an absurd notion ….that US can flood the oil market; where did you get that idea; at best they can get independent from Middle East thanks to fracking & condensate that comes with that gas. Yes, it is russia & OPEC that control that market; my point was that russia is so reliable & dependent on oil revenues that they even illegally sell it at $40/bbl; because of sanctions - ship to ship transfers in the middle of the ocean. They are simply desperate for revenue and have not much more to offer. If it wasn’t for help from Chinese they would be ‘starving’ already – vodka & lard goes only so far. Russia has a huge potential but they have to evolve from that gangster state overrun by criminals & thugs.
G37 


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