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 > Sean

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Comment by stiffupperlipon Dec 01, 2022 12:23pm

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Post# 35143429

RE:Sean

Stiff likes your post Calvin.
It will be very hard to move this stock after the meltdown earlier.
That loan is a material event that should have been part of a seperate news release.
This oil storage news release is a bit weird to me - I guess he is trying to communicate that things are progressing ... like a sort of operations report. Just a waste of $$$. Typically companies do operations news releases but when a bunch of things have happened.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?