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

Bullboard Posts

Comment by sneakyvalueon Nov 22, 2019 12:30am

108 Views

Post# 30381016

RE:RE:RE:RE:My guess is Equinor will walk aweigh and be replaced

Erdogan is bending over backward to make this happen. Turkey craves the domestic gas production and they will get their taxes and royalties anyways. Turkey also doesn't have the expertise to go it alone. Turkey couldn't develop this play without the Halliburtons of the world. It may, or may not, be EQI with VLE at the end, but there is zero chance that Turkey strong arms the resource away.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario