Valeura Energy Inc. VLERF

Primary Symbol: T.VLE

Energy Oil & Gas E&P

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.

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Valeura Energy Inc. > 2023 production cycles

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Comment by wajacon Jan 18, 2024 3:38pm

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Post# 35834467

RE:RE:RE:2023 production cycles

firstworld, you wrote the following on Jan 9, 2018.

'I am holding this, not taking a cent of profit, untill the SP is ridiculously high, gets bought out, or they crash.'

VLE crashed and burned in February 2020 when Equinor did not renew their
commitment to the Thrace Basin tight gas play. Looks like you lost a lot of money.
That's sad and I get no pleasure from your loss. However your loss is not the fault
of VLE management as you made the decision to invest. You also perhaps put all
your aggs in one basket.

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