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.

TSX:VLE - Post by User

Valeura Energy Inc > should be back above 3 soon

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Post by traderlong2on Apr 29, 2023 9:29pm

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Post# 35421269

should be back above 3 soon

I would think this goes above 3 this week
Great news
Wassana Hooked up and adding extra barrels to the numbers
remember all the Wassana revenue is all gravy with 250 million in tax loss
they may not need to merge the companies if they get wassana to 5k bpd
tax free that will add up fast
whats left to stress about ?
both deal closed
both pumping oil
cash in the bank
credit lines in place
no debt
105 million in free capital on closing
Wassana hooked up and running
the printing press is offically running
sit back and enjoy the ride up
gltal

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