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

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Comment by Manthebullon Feb 04, 2020 5:37pm

142 Views

Post# 30642478

RE:lotta optimists on these boards

Hard to argue with your facts. Please look into my facts below: 1p reserves are worth more a $1 share and cash with that. Thrace is technically dead ..not sure why the ceo is saying he can use this info lol on what? What we don't know if why equinor quit and what it means to the Thrace basin..could easily go back to valeura..and they can get a new partner who would be good with the rate of return ( assuming that's the reason for divesture by equinor) If it's not commerical viable I don't see why the management wouldn't release it as of now? Many things to play in next few weeks.

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