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 > A good news conference ... Very Positive!

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Comment by Suppe11on Apr 19, 2023 7:57pm

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Post# 35404148

RE:RE:A good news conference ... Very Positive!

Your manipulating games aside, I know, you're smarter, than that.
The presentation was ok. I guess, the market sold off because of 1) Lower oil, 2)Sell the news, 3)If you want to search for negatives...the NPV10 value (=without tax pools) is not that great...but ok, it's a speculation, that they can renew the reserves for a few more years. I added today, oil price flat + normal operationally = nobrainer...and there are not many nobrainers in my (first) world.

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