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.

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Valeura Energy Inc > Nong Yao.... ANOTHER DELAY

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Post by firstworldon Feb 14, 2024 1:46pm

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Post# 35880207

Nong Yao.... ANOTHER DELAY

Yet anothwr delay they shoulf have know and diclosed months ago especially when they vlaim.the Only Rig they have workinhg, after failing to.provide payment guarantees for Rig 2, is completing yasks sooner than expected.

One delay after another. They just pump the SP with false claima then announce they have delays, costa over runs, elevatwd expenses then lose $4 bbl on $87 oil.

BAIL NOW and buy back at 2.75 within six weeks I have $600K dry powder on stand by for anothwr grwat swing trade on this pump and dump swindle O just hope they all dont get arrested haha

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