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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 Teabaggers99on Dec 11, 2019 8:13pm
210 Views
Post# 30446032

RE:Where's Teabagger?

RE:Where's Teabagger?Security on the ground is tight. Site is under audit which typically means the find was significant enough that all governing protocols are in place to ensure information isn't leaked. Site security is very tight...employees are no longer able to bring cell phones into the field with ability to take photos or film. The longer it takes for info to be released the better. The biggest indicator of a massive find is the fact an independent auditor is now onsite. Good day today for buyers. Let it go down...more profit to be made. In my opinion this will be the biggest play in turkey where nat gas sells at 3 times the price it does in the west. Will it go to $10/$15...I don't think that's realistic. $3.5-$4 in the next 240 days I think with very little effort. 
Bullboard Posts