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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.


TSX:VLE - Post by User

Valeura Energy Inc
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Post by DocPaton Apr 28, 2022 5:29pm
155 Views
Post# 34640400

Clearly the Team was Excited!!!

Clearly the Team was Excited!!!
Winners!!

This is an exceptional acquisition!!!  Clearly, selling the tired old shallow assets in Turkey was exactly the right move!! The company now clearly has a runway to success!!

Congratulations to Sean, Gord and Rob and thank you to the members of the Board who have surly assisted in it all. A special thanks to Jim who has been hangin' in there as long as I .. Time to Make Hay .. The Sun Is a Shinin'!!!

Onward and upwards,

Doc.
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Dealroom for high-potential pre-IPO opportunities