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Valeura Energy Inc T.VLE

Alternate Symbol(s):  VLERF

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

Bullboard Posts
Post by Sil.Don Dec 11, 2016 4:34pm
123 Views
Post# 25582888

New Presentation

New Presentationsee liittle new in updated presentation, op netback $35 but using 10.01.16 $ so already dropped more

with them planning $30-$33,000,000 capex, any way to use weak Lira to leverage that?  like using local service companies who charge in Lira?  anyone know who is the service co? or they buying a rig, which would be cheap in Lira 

be nice if they could just do something besides wait for deals-spudded one so so well this year-supposed to cost $1,100,000 to complete and tie in a shallow well-less if they can pay in Lira

these terror attacks do not help investor confidence even if not near thrace- price will continue dropping wo some good news

Bullboard Posts