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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Valeura Energy Inc > Production Guidance seems right

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Comment by nozzpackon Apr 18, 2023 8:56am

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Post# 35400144

RE:RE:RE:Production Guidance seems right

8.1 million barrels over the next year @$80 net Brent and $30 cost per barrel, = $400 million US in Cash flows which in C$ is $500 million or about $5 per share.

Approx $300 million of that or more will end up as free cash directly to the balance sheet which should enable us to end up with $4 per share in cash and a share price of $10.

Of course, in the interim , the next acquisition move will be already tucked in..

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