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. > Flag formation with breakout looming

<< Previous

Bullboard Posts

Next >>

Comment by energeeon Apr 19, 2024 8:34pm

158 Views

Post# 35999143

RE:RE:RE:Flag formation with breakout looming

Don't see that raising capital is required at this point. Exploit these newly understood properties and build the production and reserve base. Logistics for offshore require significant investment in facilities as they well know.

Then do an accretive acquisition using cash held and some of our undervalued shares to get it done. This team is on point.

<< Previous

Bullboard Posts

Next >>

New Canadian drone made exclusively for military operations