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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

Comment by stiffupperlipon Apr 20, 2023 11:22pm
178 Views
Post# 35406554

RE:RE:RE:It is all about the taxes credits.

RE:RE:RE:It is all about the taxes credits.Stiff agrees with your canadian assessment - we have a real problem. The boom is on and no new investors. Companies just recycling properties. Where I disagree First (and your posts are excellent by the way) with what is available in the international markets. Stiff is plugged into this area and he knows there are big asset opportunities out there. Why? Because all the 'big boys' are going green and their shareholders are asking them to divest their assets. In Africa for instance, there are billion barrel fields being offered up. I actually tried to call Sean to discuss some of these opportunities but he didn't answer any of my calls. So what you have here is a marginal asset half way around planet earth. God of mighty - can't they do better than that?
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