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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 SMlachakeon Dec 16, 2022 3:33pm
147 Views
Post# 35176637

RE:RE:Capex

RE:RE:CapexAre you missing heat loss from diesel injectors, pumps on surface and friction loss lifting the crude? And yeah, there is office printing costs and coffee, let's not forget bank charges and currency conversions. Come to think of it, it rains in Thailand and all 180 employees may need an umbrella or 2. My only question after all that is added up. Can you please recommend an O$G stock that flows oil crude without putting up this wasteful end year show called 'drilling' ? I am sure nobody factors it in all any valutions except we should for VLE, or do they? Because if they do, I am wondering why their PE ratio cannot be applied to VLe numbers then? Good day.
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