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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

Post by Carbonbullon Dec 27, 2023 4:05pm
160 Views
Post# 35801716

Average price of Brent for 2023

Average price of Brent for 2023  is close to $83 for 2022 it was $101 , would make sense to me that these two averages would come into ply in 2024 ,,,range bound between $80 and $100 , with brief periods of extremes due to risk premiums and economic concerns ...therefore brent should stay between the goal posts of $75 and $110 , most equities make good money between these price levels , if we persist near the low end there will not be increased supply as majors will manage to the price.
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