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.

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Post by firstworldon Apr 10, 2024 1:45pm

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Post# 35981611

$140M Operating Loss

besed on 2023 YE cas ro current liabilities ration VLE likley has a $140M hole thats coverwd by late payments and non payments to vendors and rwmediation reserve funds.

GREAT pump promo release taking about acct balance exclusively...never seen a morw blatwbf pump PR.

Sad to see thwir production dropping inspite of huge expenditures....its always something to explain poor performance hahah.

Soncw csuite is in SG tough for Canadian regulators to get to them other than stol trade order lol.

What a scam.

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