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

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Comment by DocPaton Mar 21, 2023 8:15pm

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Post# 35352583

RE:RE:RE:RE:RE:RE:It's never too late

Thank you again Goldy for the link to the Mubadala website .. Their mission is clear, to become a natural gas company for the future (Now 70% Natural Gas) and thus divesting of the VLE assets makes sense and with that makes sense that VLE was able to negotiate favourable terms.

I can practically hear that press release being typed out as we speak :))

All the best to longs,

Doc.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?