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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Comment by goldwatch69on Feb 15, 2024 7:12am

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Post# 35881283

RE:RE:Nong Yao.... ANOTHER DELAY

Ffirst friggin idiot of the world... what a useless human being, complete human garbage.

VLE will be pumping over 25,000 bopd in the second half if not before. Good steady growth.

Oil price holding up well this winter. With summer demand approaching soon, oil will likely take a run at 90.

With 10 million bbls a year, cash flow should reach US$200 million after all expenses, royalties, tax and Capex.

SP will rise, patience.

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