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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 Hannamukon May 25, 2022 7:29am
128 Views
Post# 34705670

RE:SAD SAD SAD STATE

RE:SAD SAD SAD STATE
Lifesgood wrote: It's just horrible to see this stock price at 50.. not much left to AGM..
No excitement, nothing to feel good about it here.. 


Bolshevik nozz status for his cub energy is really sad!:

"1......the office and its capital equipement associated with the Kiev office, amounting to $1.79 million US was written down as an impairment  for the quarter 4/21.

This impairment assumed non recovery of any assets of the Kiev office due to the Ukraine conflict .

2..PPE for RK valued at $4.75 million US was written down to zero  for the same reason...the Ukraine conflict
.This included the pipelines and infrastructure associated with production of the RK field even though they continue to produce from RJ.

Force Majeure would seem to be the better causality descriptor ."

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