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 > Nice

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Comment by Toppicks1on Oct 31, 2023 9:46pm

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Post# 35710469

RE:RE:Nice

energee wrote:
I agree with your comments.

Assuming they bring Wassana back on shortly, with 20K-25K bopd of high valued production going into YE, new reserve report being built, other deals in the works, market attention growing. Based on recent CDN deal/valuation metrics on a $boepd basis (deals happening at $22K-$35K flowing boepd) this should be pointing towards $5 CDN in the short term.

So nice of you to agree. Lol. My real target is 8.50 January..

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