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 > The set up...Wink Wink...

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Comment by Suppe11on Aug 22, 2023 5:09am

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Post# 35599304

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:The set up...Wink Wink...

"Easy to sell" hahaha...when was the last time an explorer got serious cash for an undeveloped Wi ? Must be a decade ago, maybe Aoi itself with the Kenia stuff. Only the big boys can afford it and do you see the big boys shopping around for minority Wi ? Must be old movies. The core business (=only Nigeria) is fairly to slightly overvalued atm, Imho.

Even if Valeura can only harvest down the stuff, they're undervalued. Any substantial life extensions of the fields and you're looking for a multibagger.

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