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.

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Valeura Energy Inc > Sean, please give us a 10 cent dividend

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Comment by cyber37on Oct 08, 2023 11:43pm

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Post# 35675604

RE:RE:RE:RE:Sean, please give us a 10 cent dividend

So even though impact of Israel-Hamas conflict on oil price will be short lived this will only positively affect VLE since any bump in oil price goes directly to the bottom line.
As for dividends at this stage…..totally silly idea; company has its’ hands full trying to stop declines & drill for new production. Although there are very positive prospects on the horizon they will need all the cash (….and more) to execute. Want income….buy bonds or get a job.
G37

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