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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 03, 2023 1:42am
139 Views
Post# 35316748

RE:ACTUAL PRODUCTION

RE:ACTUAL PRODUCTION

21000 bbls was the October number as stated by Valeura in earlier slide presentation. This is fo the SPV and should be multiplied by 0.875!  

goldwatch69 wrote: Until its official on the Thailand Ministry of Energy website,  anything else is heresay.

The last known numbers were from December which were down slightly from the 21,000 bod stated by VLE management to about 19,600 bod published in the Ministry of Energy statistics for the month of December. 

VLE gets 50 bucks Canadian per barrel at US$85 per barrel and 75 cents exchange rate.  Around a million a day give are take a few bucks. Until January numbers are published,  that's the number.  The sky is NOT falling.  Four months at a million a day is a lot of money! Over $100 million cash and receivables! That doesn't include January and February!

 

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