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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 firstworldon May 12, 2023 5:36pm
176 Views
Post# 35446395

RE:RE:RE:Valeura Energy Inc. Announces Q1 2023 Results

RE:RE:RE:Valeura Energy Inc. Announces Q1 2023 ResultsThat 10% net afyer tax margon?  Its pathetic that they were so desperate for a deal they took this pitiful margon when 20-40% avail at home with far less politcal risk.

They should all be arresyed and incarcerayed pending outcome of fraud trial relayed to " no dilution" then two emergency raises weeks layer to backsrop LCs.

energee wrote: Don't think OPEX is going down - they project something closer to $30 bbl.  Call was quite good, experienced people in place who know the assets and operating area.  Could take a few months to roll-up the subs in a tax effective manner.

Time for them to market the story now that this news is out. 


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