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.

TSX:VLE - Post by User

Valeura Energy Inc > It's never too late

<< Previous

Bullboard Posts

Next >>

Comment by goldwatch69on Mar 21, 2023 9:38am

127 Views

Post# 35350882

RE:RE:It's never too late

Check out Research Capital's target of $8+. That was based on 85% ownership. Now with 100% ownership, RC should revise their target.

Two times EBITDA aka pretax cash flow in this case is 10 bucks a share. That's for starters. They said they are retaining select senior leaders for senior leadership roles in the Southeast Asia regions. That spells more acquisitions to me.

JMHO

<< Previous

Bullboard Posts

Next >>

Who, why, and what of the great "Crypto Surge"