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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 Mar 02, 2023 1:47am
79 Views
Post# 35314258

RE:RE:Can January numbers reverse trend?!

RE:RE:Can January numbers reverse trend?!

Valeura and Mubadala are sharing costs pr deal for the ongoing infill drilling activity. So relevant to follow the field merits 


BERationale wrote: We already know production will have declined so you can just start the paid bashing now. Mubby isn't spending capital on a field they won't own and VLE doesn't have any control over spending yet. Its irrelevant until VLE can get in and do some infield drilling as planned and drive production back up. On the bright side if Mubby isn't spending any capital that is more free cash flow going into VLE coffers at close.

 

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