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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 Oct 16, 2023 6:26pm
76 Views
Post# 35686260

RE:RE:RE:$1.40 CAD in Cash….

RE:RE:RE:$1.40 CAD in Cash….
Suppe11 wrote:
firstworld wrote: don't forget about the $400M clean up liabilities and $60M that have to pay Muba Han not to mentions declining production with $20-30M mth infill drilling.

No divs or buy backs $50M of that cash predates Thailand.  


It's more $300m, it's years out and tax deductable...the money for the short lived Manora field is already in restricted cash.
The $60 m is only $50m and Brent has to be $100+ on average for the year....so nothing has changed, only bs from your side.

Take better care for your under water Aoi position...soon you'll maybe have some Kosmos shares instead of Aoi....hahaha.

they can spend $400 M yr to produce 20K bbl day and hope it stays above $80 bbl i guess
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