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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 Hannamukon Feb 14, 2023 9:10am
102 Views
Post# 35284846

RE:RE:Valeura use the same table in January presentation

RE:RE:Valeura use the same table in January presentation

Updated information always good when investing. January oil production numbers available early March from samme official site!


BERationale wrote: No surprise though. You think Mubby is going to reinvest in assets they are selling from announcement to close? Wait until VLE gets in there and has the opportunity to optimize and infill.
Reality is we're talking a 1,500 boe/d difference on a 20,000 boe/d deal. So the $10mm paid for the assets is now $500 per boe/d more expensive... production could be cut in half and this is still the deal of the decade.
Hearing closing in February and more news this week on Wassana. Trade on these little bits of news and you will be left wondering why the rocket ship took off without you. GLTA

 

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