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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 goldwatch69on Feb 11, 2023 3:12pm
183 Views
Post# 35281587

RE:RE:oil to 300$ + within a year

RE:RE:oil to 300$ + within a yearOil will be $90 in short order and $100 later this year. Count on it.  Russian vessels cannot get insurance and they won't be allowed into ports. China has chained vessels together in the high seas to take on Russian oil and transport it to port. Nuts! As Russian oil stops flowing, infrastructure will freeze up and crack. Will take forever to repair.  In the meantime,  demand continues to rise. Saudis are raising prices. Production remains at current levels. Oil has nowhere to go but up.
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