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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 Aug 01, 2023 4:14am
156 Views
Post# 35566269

RE:RE:Congratulations on the upgrade…

RE:RE:Congratulations on the upgrade…
cyber37 wrote: Nice to see VLE expanding visibility and market access in US even if it is only on the ‘over the counter’ board (OTCQX: VLERF). This will add one more layer of cheques & balances for the company but will vastly expand profile & ways to raise capital if needed.
It appears that Valeura is serious about the region; they even moved their office to Singapore. Not all the staff was willing to leave Calgary – ranking 7th (Geneva 8th) on 10 best cities in the world to live in but sometime sacrifices have to be made. I only hope company can sustain current production levels & add some new revenue streams either through optimization or exploration.
G37       



Unfortunately the Economist folks are intern geeks who rely on tailored govt data, and have never lived or done business in any of the cities they review except for a hand full of places where they may have grown up or gone to school.  

Having been in many of the worlds top cities on multiple and frequent occasions often back to back its clear that anyone who beleives Geneva and Calgary are close or that Calgary even ranks in top 30 is on crack.  

Theres a reason the world wealthy and productive from top countries like Germany, Switzerland, Austria, Qatar, Saudi, Dubai and others dont emmegrate to Canada let alone visit much haha.  Its still 1960 in Canada and Calgary LOL only its half visibly ethnic now and crime is on par with USA.





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