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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Comment by BERationaleon Apr 01, 2023 9:21am

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Post# 35373470

RE:RE:RE:Loading point

Note the $30mm was net to the JV when it owned 85% as opposed to 100% now so its now $35mm a month of BT cash flow. Assuming use of the tax pools they have, that's $420mm of after tax cash flow on a <300mm mkt cap company. I have never seen a stock trade sub 2x CF much less 0.75x CF. This is still an easy double once the Mubadala information is released to the market. Much of this will be in the reserve report which is only a few weeks away. GLTA

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