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 > Now that the price range has been established

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Comment by windymayor1on Jun 06, 2024 3:41pm

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Post# 36076088

RE:Now that the price range has been established

Not sure if I agree on comment about staying cautious on acquisition trail and focus on organic growth.
I think they need to stay focused on aggressively pursuing and completing a transaction.
They can do the organic growth in their sleep, from what I got from attending the AGM.
Remember the overall plan is to get to100k BOE/D.
Stay the course and be aggressive on all fronts.
IMO

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