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.

TSX:VLE - Post by User

Valeura Energy Inc. > CJ $975 m MC ….215000 boepd

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Comment by CravenMooreheadon Feb 20, 2024 1:32pm

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Post# 35889258

RE:CJ $975 m MC ….215000 boepd

nozzpack wrote: Cardinal energy.

Of that 215000 boepd , about 65% is heavy oil and natty gas plus discounted WFI light oil.

We should be trading close to $10 ..

CB,
Do you think VLE will ever try again in the Thrace or does that not factor into your decision at all?

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