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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

Comment by firstworldon Dec 21, 2023 2:26pm
132 Views
Post# 35796193

RE:RE:RE:New Press Release - Valeura Energy Inc. Announces Completion of Nong Yao A Infill Drilling

RE:RE:RE:New Press Release - Valeura Energy Inc. Announces Completion of Nong Yao A Infill Drilling
Carbonbull wrote: Management thesis proven , there is more years left in the various fields before remediation liabilities need to be trigge red . This has a profound effect on terminal value. New year should see other institutional buyers paying attention , another accretive acquisition (challenge to find, as this one was special) but they are out there as many projects stranded with access to capital very difficult.

Well done Sean and team , continue the good work.

Nothing more than a PR pump on a single hole, with zero substance;  no data, no facts, not even a definition of "succes".   There is no stated production benefit projecrion at all just that, once again have the data to approve further deveopment drilling,

Zero noise about production drilling.  There will only be $250M in development drilling infills to keep production at 18-22K bbl day LOL.

Drink more coolaid on what clearly has red flags popping everywhere.

Show us some numbers otherwise you just sound like anothe Canadian scammer.
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