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Valeura Energy Inc T.VLE

Alternate Symbol(s):  VLERF

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

Bullboard Posts
Comment by Public_Heelon Mar 18, 2019 10:51am
84 Views
Post# 29500243

RE:Where's PH?

RE:Where's PH?OK, so I'm concerned about what's happened with Yamalik. The market seems to share that sentiment, as Valeura has been sold down to a market cap that would be a joke if Banarli were at all viable. As for asking the company, I did that, and was told that the issues raised by GreatSwami would be addressed in last week's CC. They weren't..... although I would note that Valuera/Equinor are going to spend a considerable amount of money to go back into Yamalik and reevaluate it level by level. Assuming they make those results public, we should hear them long before Inanli testing results.
Bullboard Posts