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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 24, 2023 5:36pm
130 Views
Post# 35699095

RE:RE:RE:Great presentation from the conference

RE:RE:RE:Great presentation from the conference
Carbonbull wrote: stop spewing nonsense on remediation liabilities , sooner or latersomeone will take you to task ! No one on this board has anonnymity , Skepticism is welcome outright lies are fraudulent know the difference.!


They have $300M + remediation liabilities ((incl inflation)  on 19K bbl day at the moment expanding to 100K bbl day is easily $2B remediation liabilitie

Don't forget the Thai are not stupid like Candians who calculete with 1980 dollar costs, they calculate current dollars, international rates, with 8% inflation  per year compounded. 

I know Canadians are poorly educated with even the uni folks having problems figuring out % which is why 80% people can't even pay the mortgage with out starving haha. 

Theres a reason SG and management fled Canada to nil tax Singapore on platinium expat package which is huge red flag for major back end issues.
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