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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

Comment by DocPaton May 27, 2021 6:56pm
104 Views
Post# 33283277

RE:RE:RE:Equinor selling 12000 boe pr day for $400mill (Corrib Irelan

RE:RE:RE:Equinor selling 12000 boe pr day for $400mill (Corrib IrelanWell, you'll forgive me if I take the opinion of highly regarded international engineering firm of DeGolyer & MacNaughton Canada Limited over your unverifyable nonsense.

As stated in their most recent Corporate Presentation, 20Tcfe prospective resource and it would appear the Sean has a plan to get to it. Is it a sure thing? No, and if it was this stock would already be in the stratosphere. But the potential is there. That is what exploration companies are all about. And if they are successful at producing comercial quantities, the game changes dramatically and doubting Thomases such as yourself will be standing with their mouth open wondering what happened. 

From personal experience, we had a prospect that we were showing to potential investors/farmin participants and one bold soul proclamed .."I will Drink all the oil that comes out of that formation!!" Well, I hope he was thursty, the field has now been producing hundreds of barrels a day for over 25 years.

Good luck to longs,

Doc
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