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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 Stockwizard10on Nov 01, 2023 1:18pm
211 Views
Post# 35711626

RE:4.78

RE:4.788 dollar target by year end . 

Company only valued at 1 x revenues.

Interesting how they drilled deeper and never found the bottom . Could be years of extra production at wassana.

Extra deals being worked , could one of them bits of news be the deep tight gas play . If it is and they strike gold this could take this to mid cap company. It's certainly heading that way . 

Why are institutions so eager to take your shares  why is the Campany operations director throwing big money in 

The question is why ?

Dyor

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