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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 firstworldon Feb 29, 2024 12:00pm
158 Views
Post# 35906728

RE:Firstworld BAAAAHAAAA!!

RE:Firstworld BAAAAHAAAA!!
calvin43951 wrote:

I guess you haven't bought back in because you're still printing lies about the company.

Hey genius if they're losing $15 per barrel can you please explain to me how they manage to pay off their debt and accumulate over $200 million.

In addition, if you took the time to read  the last news releases their reserves have gone up over 200%

You're still not smart enough to buy back in, and you're hoping that you can fool someone. The only person you can fool is the idiot in the mirror!! 

Thank you for posting I needed a good laugh, oh yes, don't forget to take your medication.


Spending $350M yr to maintaing ,$20K bbl day is a $47 bbl cost, plus capex, OH, taxes, cost over runs.....

Q3 lost $4 bbl on 87 oil.  Q4 was $78 oil. That's means Q4 is around $12 bbl loss all things equal.  Probably YE '23 loss $6-10 bbl plus cost overuns.
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