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 > Offshore serivices prices up 27%

<< Previous

Bullboard Posts

Next >>

Post by firstworldon Jan 15, 2024 9:28am

160 Views

Post# 35826645

Offshore serivices prices up 27%

OSV and Sub Sea services prices are up 27% to record highs in decades.

Look for massive Q1 lossex at VLE on top of likely massive Q4 2023 losses given that they lost $6M on $87 oil Q3 "23.

Projecti g $195 SP within 12 weeks

<< Previous

Bullboard Posts

Next >>

BMO evolves InvestorLine with enhanced tools for options trading