Valeura Energy Inc T.VLE

Alternate Symbol(s): VLERF

Energy Oil & Gas E&P

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.

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Valeura Energy Inc > Something's Brewing

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Comment by DocPaton Mar 17, 2023 3:32pm

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Post# 35345825

RE:Something's Brewing

From my discussions with the Oil and Gas C Suite that I know, the capital markets have stopped tilting windmills on alternative sources of energy and have realized that the world is going to need carbon based energy for a long time to come.

With the almost complete lack of drilling over the past 10 years it has put us into an carbon based energy deficit. Thus, the capital markets are starting to come back to O&G and in my estimation staying for a good long time.

All the best to longs,

Doc.

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