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Valeura Energy Inc T.VLE

Alternate Symbol(s):  VLERF

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
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Comment by bxjuon Apr 13, 2016 10:54am
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Post# 24761389

RE:RE:The JV Agreement

RE:RE:The JV AgreementThere are several articles today in Albanian media alledging the JV partner of breach of contract, failing to pay $10mm to Albapetrol and saying that Albapetrol has started proceedings to void the contract, which I assume means void the sale.  If that were to happen, then $millions of more debt would be added back onto their balance sheet causing far bigger problems for the partner and possibility opportunity. for VLE  I won't bother to paste but here is one of the links if anyone has an interest.

GBC Oil, kompania offshore q krkon t marr tre burime ...

www.ekspres.al/index.php?option...
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14 hours ago - Nga Stream Oil te Transatlantic Petroleum e m pas te Continental Oil & Gas (mma) dhe GBC Oil Company (bija), si po kalojn dor m dor prmes skemave ...

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