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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 Jan 14, 2023 5:08pm
161 Views
Post# 35223524

RE:RE:RE:January Presentation.

RE:RE:RE:January Presentation.
Supper. It's always nice to stay within facts. I always read mischief when someone posts contrary to know and published facts. Unless you want to claim the company is misleading, why would you post information that is blatantly contrary to what they have said in their January presentation? US $33M monthly cash flow is management estimate net to 85% VLE holding in spv, it's clearly stated in slide 3 detail 2!. Slide 15 potential company take with full application of tax-carry forwards is indicated at 51%(all over a sudden, we have a curious case of posters who cannot read). So you have never heard something and it's going to change what they know? Well, others have heard differently, 100 tax breaks are possible in many areas to encourage investment. Maybe you can consult Thai tax rules and update SG if he is mistaken. You don't know about their decommissioning costs? What about you read, they have outlined them clearly for those who care to do some dd, no decomissioning planned for a while, infact most fields are targets for life extensions and reserves review is coming out after deal closes. Capex for 2023 infill is also outlined. What's next for your fear mongering, Are they going to start paying for oxygen for their 180 employees? Look for a better way to bash. I know the potential is enticing, you wish you can get some cheap shares, but why assume we can't distinguish between genuine contribution and bashing.lol
 
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