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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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(28)
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Comment by Samrenon Mar 27, 2018 1:07pm
87 Views
Post# 27787831

RE:BetterRethink ...

RE:BetterRethink ...Takeover bid coming.  Statoil in perfect position.  Offer just north of 6 gets rid of 5.70 pp guy who bought 45 million of the Pp at 570.  Why wait to reinforce what they already know ? With more drilling and everyone wanting to buy It back in the fall , the shares could rise significantly.  If I was Statoil why pay 10 for something I can get for 6 today ? I save 300 million to do it now. Any thoughts on this ? 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities