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

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Post by Carbonbullon Jun 10, 2024 11:50am

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Post# 36080968

Oil shakeout looks exhausted

The daily point and figure charts on both Brent and WTI are suggesting that the bottom of the oil market held , this breakout still to be confrmed on weekly Point and Figure charts. but so far so good , a little Geo -political premium seems to be being priced back in , Iran eerily quiet and Irag Kurdistan move with a potential to backfire.
All which says finding undervalued plays with excellent balance sheets is a good way to have a good nights sleep!

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Advancing flagship Ishkõday Gold Project in Ontario