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 > Near term strategy

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Comment by firstworldon Nov 11, 2021 12:30pm

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Post# 34115486

RE:RE:Near term strategy

They are closed. No one answering the phone. All hanging out in countries with no extradition treaties with Canada, not that theirasset stripping and capital siphoning for nothing is ikkilegal in Canada seems to be the norm in this backwater.

Hannamuk wrote:
Just a reminder of priority 1

Hannamuk wrote: Come on guys in Valeura, deliver on strategy:

Grow through M&A in the near/mid term

Strong financial position, bolstered by conventional asset sale

!Favourable M&A environment, globally

!Internationally experienced team

!Consolidation required in small-cap oil and gas markets