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 > PE ratio

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Comment by SMlachakeon Jan 29, 2023 4:30pm

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Post# 35252967

RE:RE:RE:RE:PE ratio

Mostly agree with your Rationale here BE.. except on the relevance of Q4, 2022 and Q1 2023 financials. Imo, they are quite significant in proving a track record to the narrative. A company with a great assets/reserves, great outlook and half year production history is far superior to one with a the same assets and outlook and no production history, including the human capital and functional infrastructure. Not to forget, demonstration of that KE tax credit in action. All said, it great to be in this position where what is more important is the dilemma.

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