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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
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Comment by theSwede99on May 28, 2020 11:28pm
135 Views
Post# 31085898

RE:its time

RE:its time Not too long ago this company made money with its shallow program with no debt at 2X what the share price is today, before all the Equinor hoopla.  RA is still relevant and 100% owned by VLE...meaningful exploitation of the resource is currently being hindered by pandemic shutdown, Turkey's geopolitical agenda, and ESG momentum.  VLE continues to look internally...
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Dealroom for high-potential pre-IPO opportunities