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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 goldwatch69on Dec 26, 2023 7:53am
151 Views
Post# 35800278

RE:RE:RE:Oil price 2024

RE:RE:RE:Oil price 2024Yeah sure that helps a lot  ...

One thing that's fairly evident is the recent bottom just under $70 for crude.  Next leg appears to be range bound between $70 and $80.  It seems that oil is heading higher for the short term.  Even with the latest news of reduced exports, higher production and increased inventory, oil price is defying logic.

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