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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 Feb 05, 2023 2:49pm
270 Views
Post# 35267800

RE:RE:RE:RE:Malcolm Shaw (Buyside) discusses VLE, TNZ and TAG

RE:RE:RE:RE:Malcolm Shaw (Buyside) discusses VLE, TNZ and TAGExactly BER.. Neither does the marker realize/accept that Valeura has been producing around 21,000bpd for the last 5 months or so now. The true scale of transformation and the reality of this deal is still eluding most investors. Focus on Wassana adds to the ongoing masking, but you just found a classic example of what this is worth, and with indurstry insiders predicting a bullish 'near future' for the patch, timing is comparable imo. That's why I said even buying at 5 will be a steal looking out 12 months or so from now.. (all while ignoring Thrace is still out there, another unique and 'free' wildcard).
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