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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
Post by Burgersandfrieson Dec 14, 2019 3:38pm
176 Views
Post# 30455606

Vle next decision

Vle next decision What next? Throw 50 million f'n around in Thrace and lose it all most likely? Maybe buy 50 million worth of vermillion and collect 14 percent until you can find something that has a greater chance than 51% as the fellas from Houston gave this play of working out. Everyone seems to hate Viking but he was right! Instead of all the BS between each other maybe Viking would offer up what he would do next... it's 50 million dollar decision or is it 40 I can't remember regardless vle can't f this up that's a lot of cash and the odds don't look good at the table they are at.
Bullboard Posts