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 > Turkish natural gas price $395 US per Cubic Meter

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Comment by firstworldon Oct 21, 2023 2:08pm

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Post# 35694656

RE:Turkish natural gas price $395 US per Cubic Meter

nozzpack wrote: Nice time for that JV..

There is no JV after Equinor walked away from.$100M they lost on VLE.

No one is dumb enough to gamble a dime on VLE when they did not prove Thrace deeps with a $20 spend out of the $50M BG raise to drill two more and do production completions.

Clearly VLE knows Thrace is a dud.

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