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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 11, 2023 6:12pm
210 Views
Post# 35281684

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

RE:RE:RE:oil to 300$ + within a yearThese are realistic but still painfull numbers imo (100-120 long term). $300 oil cannot be supported by global economy and would lead it to collapse, not especially when there is also a costly war in Europe that is causing shortages of grain, metals and fertilizer. Have in mind that for everyone else, oil is a cost of production. Prices significantly above 100 slowly start to initiate a global recession and elevate investment in 'renewable nonsense' both of which I hope not to see. Better a stable 90-100 for 10 years than 150 for 6-12 months. All guesswork, who knows about tomorrow?
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