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 > $200 Million CAD in Cash ?

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Comment by goldwatch69on Apr 13, 2023 1:17pm

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Post# 35393388

RE:RE:$200 Million CAD in Cash ?

Basically a million a day CAD pretax cash flow ... 1.133 to be precise at 20,000 bopd, US$85 and 75 cents exchange. Close to CA$400 million pretax annual cash flow or about CA$200 million FFO ... $2 a share. At 25,000 bopd planned production, add 25%. CA$5 a share pretax or CA$2.50 after tax assuming no tax losses applied.

Net sales from Sep to Feb posted at Twitter are approaching US$200 million. After tax, VLE should have US$100 million in cash and receivables, close to CA$140 million. Let's see!

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