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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
Comment by theSwede99on Jan 21, 2018 3:23pm
118 Views
Post# 27404162

RE:RE:RE:RE:RE:RE:RE:Thoughts

RE:RE:RE:RE:RE:RE:RE:ThoughtsMany sides yes, but which ones are relevant going forward?  (I guess I should say looking back unfortunately).  My second paragraph describes a non-biased approach to the topic imo.

Two words come to mind:  equalization payments

The fact that the slush fund was squandered by the Albertan government is not surprising, government always has a knack for misappropriation of funds.  This topic is very political, I understand, but the decisions that need to be made have social/economic rammifications.  A well managed, balanced exploitation of Canada's resources can inevitably be the building blocks of a strong, evolving economic future. 

Big business (ie. Canada's disregraded energy industry) in conjuction with properly managed government mandates might benefit alternative growth and programs....and I'm not referring solely to carbon emission taxes etc.
Bullboard Posts