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 PoorOpinionon Aug 10, 2018 11:13am

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Post# 28440654

RE:Mr. Erdogan and the Lira currency market are going to be

Goaweigh wrote: Pleased when we confirm a 20 TCF or maybe a 40 + TCF BCGA discovery giving Turkey virtual energy self sufficiency for the next 40 + years. But for now our costs denominated in Lira are plummeting while our revenue denominated in US $ is soon to sky rocket.

Are costs really in Lira? The drilling contract is already signed with an international contractor.

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