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.

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Valeura Energy Inc

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Comment by THEMILLIONon May 17, 2018 3:38pm

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Post# 28048187

RE:RE:Valeura and TAT mentioned today.......

CL believes TAT is in the final stages of buyout offers from interested parties and he believes we will know within a week or 2 whether those offers are taken seriously by the management team. We all know, the CEO of TAT wants to sell the company. Its funny that they are up 20 cents and we are down 4%, even though we have had reasonable confirmation of a good gas deposit on our land.

I wonder what a take over bid for TAT would mean for our share price. I am sure it will go up, but why what amount is unclear. We will know soon enough.

I agree with others that when we start drilling and are close to the release of results, we will be well over $8 .

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