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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

Post by goldwatch69on Mar 14, 2023 1:44am
386 Views
Post# 35336698

Soft landing?

Soft landing?Idiot U.S. Liberal government broadcasting a soft landing for so long has caused a financial crisis while fueling inflation with high interest rates. Does it occur to anyone that higher rates equals higher borrowing costs equals higher farming costs equals higher food prices?  And higher borrowing costs equals more defaults? Biden and Powell are complete morons threatening more rate hikes that will send inflation out of control, elevate bankruptcies and cause another real estate loan crash.  Same problem with Canada as a debt crisis is about to unfold.  Welcome to Liberal governments. So much for a soft landing.  And Biden the idiot has the audacity to say that there is nothing wrong with the U.S. banking system. 
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