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 > Thailand official oil prod numbers

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Comment by goldwatch69on Jan 24, 2023 6:06pm

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Post# 35243558

RE:RE:Thailand official oil prod numbers

It's 87.5% of 51% of gross revenue with tax losses applied.

3000 bpd x ,51 x .875 is about 1340 bpd to VLE

Roughly US$37.50 or CA$50 net per bbl to VLE at US$85 per bbl

20,000 bpd is about CA$1 million a day net to VLE

25,000 bpd, about CA$1.25 million a day

Net annual cash flow will be CA$3.50 to CA$4 a share ... a penny a day or more per share

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