Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 firstworldon Nov 19, 2021 10:06am
148 Views
Post# 34145218

RE:RE:RE:RE:Next step - Get ready to Fire Management.

RE:RE:RE:RE:Next step - Get ready to Fire Management.When a partner like Equinor abandons $100M the chance of a new partner is slim. Turkey buys the drill ships because they explore and substitute war ship remarking their territory while Greece and EU try to muscle in LOL. A drill ship is damaged in come the warships and drones. Too bad VLE sold it's shallow gas at 50% discount to appraised value. They should have drilled the new deeps and production fraced all - seems they know there's nothing there so didn't want to risk their $1M QTR cash flow because at this rate they have 10 years of cash for inflated pay and bonuses.
Fairshare wrote:
Risky? ARE YOU FRIKKEN KIDDING ME MATE? That is even bigger than equnoir my friend.. whats 14 mil for Turkey or even 140 mil lol !! Having a partner as a country vs to a oil company? Turkey just bought brand new FUKEN 7TH GENERATION DRILLING SHIP, (there is only 4 in the world AND TURKEY HAS ONE OF THEM!!) Erdogan will do anything to stay in power.. He has to make sure he will do everything to go after natural resources!! Erdogans party started win-win approach to all in or outside investors LOOOOOOONG TIME AGO I don't even know if this is true.. I would say this is lotto max ;) if its!! Glta


<< Previous
Bullboard Posts
Next >>