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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 wajacon Feb 27, 2018 7:21pm
106 Views
Post# 27632661

RE:RE:The Biggest Political Risk to Oil and Gas Companies

RE:RE:The Biggest Political Risk to Oil and Gas CompaniesFrom my understanding of the politics it is not the Alberta NDP Government that is the problem.
Alberta is a land locked province and cannot get their oil to market. That's why pipelines are so important to them. They need a pipeline west and perhaps one east too. This would be beneficial to all of Canada, not just Alberta. Alberta needs certain other provinces to agree to a pipeline through their territory  but unfortunately these provinces have not been very accommodating.
Bullboard Posts