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 > Huge Increase in Turkish natural gas prices

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Comment by nozzpackon Jan 03, 2022 2:50pm

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Post# 34279832

RE:RE:Huge Increase in Turkish natural gas prices

Over the past year, the lira has gone from 13 to 7.7.
Gains in the USD has kept the price of gas denominated in USD to about $8 currently.

Difficult to assess the affect if any on Deep Thrace and has no effect on our share price as Deep Thrace is not reflected in the current market cap.

Anybody have other cash rich / no debt oil stocks besides Tenaz which is looking to acquire assets in the Mid East, Europe and Asia Minor ?

There is no reason why we cannot contact any or all of them, offering our voting support based on equity ..

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