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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Comment by Npyetmanon Jun 17, 2018 12:23pm

167 Views

Post# 28183170

RE:Sean Guest presents in Calgary

He is confident in the next couple years being quite significant for them in terms of growth and shareholder value. I can’t help but think that there will reach a point within those years (now till 2020) that there will be an offer to buy them, granted the wells go like how they think they will.

One of managements best skills in handling the company is to be patient and hold out for the most value if we can get the share price in two double digits before an offer that is going to go much better for everyone involved.

Im excited and impatient haha!

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