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 > $1.60 cad in cash and market cap of $250 m cad

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Comment by firstworldon Aug 10, 2023 8:37pm

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Post# 35582982

RE:RE:RE:RE:$1.60 cad in cash and market cap of $250 m cad

Kadiddelhopper wrote: For FW.... Yield on ENCC is 14.47% annual , with Dividend paid monthly @.13/unit.....and its tax advantaged!

Not sure about this one their holdings have all seen 40-60% profit crashes, are all Canadian subject to communist political risks, and unit price doesnt align with oil volatility. I doubt they will have 14% return for long. I think Ill stick with VOC at least TX has the balls to protect their oil biz while AB folds like wet napkin from KFC haha.

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Record Q3: Equinox Gold achieves commercial production at Greenstone Mine