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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

Post by RockLobster1on May 25, 2022 1:50pm
133 Views
Post# 34706836

2m volume so far today

2m volume so far today
some good buying coming is above 50 cents, new support hopefully.  Lots of frustrated holders with good reason who want out as we rise which will slow us for a while as we get new shareholders.  Not having to raise cash to develop this is a huge benefit.

They have to execute, but if they do it's got great potential in the oil bull mkt we have.

Tenaz TNZ  finally made an acquisition for shares only, in Egypt and morrocco, but this is just the 1st one for them, they still have the cash they raised.
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