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.

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Valeura Energy Inc

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Comment by Overertuneon Mar 08, 2020 11:18pm

120 Views

Post# 30781837

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Equinor Struck Oil, Posted 23hrs ago. Thats Why They Pulled.

US shales are already close to bankruptcy. Don't know how many can survive this price war. Fed/bank/investors will not provide loans this time so most shale will die.
After shale bankruptcy energy will be in bull market again. Luckily VLE has cash and cash flow to survive this crisis.

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