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 Overertuneon Aug 11, 2018 12:25pm

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Post# 28444733

RE:US hostilities

I think the US doesn’t like Erdogan. The US see him as dictator, not easy to control.
I believe the US is involved in 2016 coup. By destroying the economy the US could force him out.

Besides, Erdogan is interested in diversifying debt with China Yuan, which also irritates the US.

Don’t know how things go from here. But I don’t think Turkey will become next Venezuela. Venezuela is fully depending on oil. Turkey has a good economy. Most of the reasons they use to attack lira are just excuses.

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