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 > CASH

<< Previous

Bullboard Posts

Next >>

Comment by SlowAndSteady7on May 01, 2023 4:10pm

113 Views

Post# 35423577

RE:RE:CASH

Around $200M at end of CY23 in cash.
Around $435M at end of CY24 in cash. (assuming CAPEX drops back to a more reasonable $120M/y after Nong Yao expansion in CY23 + tax credits for all Thailand III assets in CY24)

Not bad for a $217M company.

I'm sure Hannamuk will throw these numbers back in my face at some point, but based on what they have told us, this is what they are predicting.

<< Previous

Bullboard Posts

Next >>

BMO evolves InvestorLine with enhanced tools for options trading