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 > YouTube Sean

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Comment by firstworldon Apr 16, 2024 4:59pm

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Post# 35992394

RE:RE:YouTube Sean

windymayor1 wrote: Thanks for this.
$194mm cash and 23,000 bopd.
Nice update.

Current cash less current liabilities is $140M black hole bases on 2023 ratios.

Why is he pumping the cash when he knows the operating loss in $100-140M 2023 & YTD?

Must be pumping for another dilution to plug the hole of the sinkong ship and raise 200M to bring on the new discoveries 3000 bbl day in a year or two haha.

Make sure stops set at 5.50!!!

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