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 > Where is the USD 200M?

<< Previous

Bullboard Posts

Next >>

Comment by CravenMooreheadon Apr 11, 2023 4:53pm

97 Views

Post# 35389405

RE:Where is the USD 200M?

Patience.
It's a long way from Calgary to Thailand, the first $78mm is going towards a Bombardier Global 8000!

firstworld wrote: We've been diluted twice in the few weeks following "No Dilution" for a mere $20M.

Where is the Economic Benefits - USD 200M for 7mths production at $30M mth free cash flow and hundreds of millions of tax losses.

Best to adopt the VOC model and pay out 98% of free cash flow or earnings since canada Banned the income trust model for all except RE.

Where is the $ 200M?