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 > From Conference Call

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Comment by SlowAndSteady7on Apr 18, 2023 3:16pm

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Post# 35401330

RE:From Conference Call

Thanks for the update energee. I knew restructuring would be #1 priority. Too bad on the 6-9 months. I think it is great that they have maintained bopd in these 9 months. Bodes well for the future. Rossukan and Nong Yao will cost a pretty penny, but should be money makers for many years.

VLE just has to keep executing, and oil prices stay above $70, and this puppy will do just fine. $100 oil, and, well...... retirement plans start to change quickly :)

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