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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 > Something Is Not Right Here
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Comment by SMlachakeon Dec 07, 2022 12:05pm
227 Views
Post# 35156521

RE:RE:RE:RE:RE:RE:RE:Something Is Not Right Here

RE:RE:RE:RE:RE:RE:RE:Something Is Not Right HereThe deal comes backed by an additional line of credit worth 50M to VLE, imo that is a big seal for approval from a group that knows the industry really well. VLE now has 80M line of credit with them! You can't unlock this kind of money from this guys on half cooked deals and assumptions. 
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