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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 nozzpackon Feb 25, 2022 4:12pm
108 Views
Post# 34463029

RE:RE:RE:tic toc

RE:RE:RE:tic toc Absolutely not.
They are selling the remaining assets in Western Ukraine where they sell power from their gas production or sell gas directly into the EU pipeline which ever is priced higher.
Their Reserves have multiples of upside as they have spent little to develop those.

No debt , 3.5 cents per share in cash and liquid assets, and at least $0.10 in reserves at the minimum.
All of these statistical data are provided in my posts.
No trouble with buyers,  as western Ukraine is the most undeveloped gas play in Europe.

Western Ukraine is no different than eastern Slovakia ....unlike Eastern Ukraine.
Ukraine people have been fleeced by their oligarchs which are funded by  the corrupt Depends Govt.
From this perspective, I view the Russian intervention as a stabilizing force if they remain true to their objectives.






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