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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 goldwatch69on Apr 01, 2023 7:55am
219 Views
Post# 35373400

RE:RE:Loading point

RE:RE:Loading point It's 51% less Capex for infill drilling. I would hazard a guess at 210 days x 21,000 bopd x CA$110 a bbl x 51% pretax cash flow lesrs 10% for Capex ~ CA$200 million in cash and receivables.  That would be the high end of the estimate. Low end would be 75%. Just guessing.

Sean estimated US$30 million a month pretax cash flow at US$85 a bbl. That would US$210 million in 7 months (210 days). I think CA$200 million is a fair guess taking into account lower oil prices and Capex.
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