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 > Share price

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Comment by cyber37on Jun 19, 2023 1:56pm

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Post# 35503693

RE:Share price

Although oil price is a factor with any producer VLE share price is more dependent IMHO on the path forward that company takes. Two successful horizontal wells was a good start but can they replicate this in other fields. It will take time to come up with a plan to optimize those mature fields & months to execute on it but as the saying goes…..”you can’t rush a good thing”.
Still VLE is off to a good start; I'm holding and hopping for more good news.
G37
On a separate note: Putin + russia = mafia state & 1^st world is a Putin’s stooge

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