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 > What Next?

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Comment by stiffupperlipon Aug 18, 2021 5:07pm

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Post# 33727626

RE:RE:RE:RE:What Next?

Yes at $ 32,000 per flowing BOE it is pretty much missed. Remember at the very highest peak gas was selling for $50,000 per flowing BOE. All the big boys are snapping up the cream and what VLE has left looks more and more like the fringes they had in Turkey. Like I said before where is the Board and McPherson - they need another managment team .... like ASAP.

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