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Valeura Energy Inc. VLERF


Primary Symbol: T.VLE

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 also operates Floating Storage and Offloading (FSO) vessel Aurora, location at Nong Yao field, offshore Gulf of Thailand.


TSX:VLE - Post by User

Comment by firstworldon Dec 19, 2023 2:04pm
91 Views
Post# 35792177

RE:Red Sea Shipping Situation Worse than it looks

RE:Red Sea Shipping Situation Worse than it looks


LOL after losing 400K people, 14,000 tanks , 550 aircraft, 260 helos, and 8,500 artillery guns and MLRS, and $2TN plus in UA only months after fleeing the sandal clad in Afghanisan in disgrace the global minority  have at least 24 combat ships in the red sea area to protect against Houthis on their Camels and $500 speed boats LOL.

How embarassing, especially after ten years of losing to Houthis on their Camels VIA proxy Saudis.

At least they are scaring the oil markets I hope the Red Sea becomes unpassable for months as insurance companies decclare it a war zone suspending all insurances - will be great for oil price!!


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