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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

Post by Carbonbullon Apr 18, 2023 8:09am
271 Views
Post# 35400020

Good press release

Good press release Will be interesting to observe the next deal SG has lined up , clearly not going to play the dance card most canadian producers are playing to , joins the ranks of ovv,  BTE and CPG .. deal time but oil through M and A at huge discount to the drill bit !!

from my perspective I am in favor , there are many high impact exploration plays that have little capital markets  value ,, however it only takes one succesful well to change that tune into a symphony !!  or search out equals and merge ....
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