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 > Sean, please give us a 10 cent dividend

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Comment by firstworldon Oct 10, 2023 5:48pm

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Post# 35677782

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

traderlong2 wrote:
were gonna miss you FW
they have 105 million in cash
now pumping 20k per day
and 2-5 more k coming back on this Q
really a doom and gloom story
back to aoi FW

LOL they had $70M 9 mths ago, spent $350M to date and only have $105M before corp income tax (after petrolium tax paid) and bonuses etc for net $52M.

They are down $20M / 28% Net Cash now haha. 10% post tax profit is their projections from day one and they are missing that big time.

Math is hard LOL.

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