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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 traderlong2on Apr 01, 2023 8:29pm
163 Views
Post# 35374160

RE:RE:How Long?

RE:RE:How Long?
The math is fantastic !
Sean has dropped the ball on wassana somewhat
most out of his control but still sits on him to many delays
good news it is all still there and very close to turning on even if it is another 3-6 weeks
its coming
BUT the thing he did do 100 percent correct was the big deal
announced and closed on time without a hitch production above expected and has hit the ground running we have 21,500 daily production
this was a company that was 600 bpd with the gas shallows not that long ago
what a deal he brought his shareholders  !!!!
Hats off
few weeks we add another 3000 bpd and a few months after some infill another 1500
thats 26,000 per day
without any surprises
glta

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