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 > Highest SP in almost 3 years

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Comment by SMlachakeon Nov 16, 2022 2:10am

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Post# 35102323

RE:Highest SP in almost 3 years

And only getting started here. SG has managed this with patience, so much so that most here were mad when languishing in mid 40s. Now, this is one of the best risk/reward ratios of a penny junior around. 3kbpd+ production coming online in a month, money secured for more acquisition = no dilution growth, drilling rig lined up for a year not to forget Turkey farmout efforts still out there. I am starting to admire his patience in execution. Makes me think he is holding out for a bumper deal in Turkey, may blow hats off in imo.

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