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 > Auctus maintains target

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Comment by Suppe11on May 11, 2024 8:31am

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Post# 36035075

RE:RE:Auctus maintains target

Auctus projections regarding the "cash reserves" are pure fantasy, like in the past. They predicted end of 2023 net cash of net 243m.

Long story short...in my book they should be able to fcf 20-30m per Q, let's say 100m p.a....Wassana expansion should be in the Nong Yao range (= 80-100m)....without tax reorganization...and after tax, they may land in the 200-250m range end of 2025 (maybe a bit more, because the main 2025 taxes are due in May 2026).

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