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 > Difficult decision

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Comment by RockLobster1on Jun 21, 2024 12:49pm

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Post# 36100237

RE:RE:Difficult decision

windymayor1 wrote: Wait till after June 24.
Canadian capital gains tax increases by 16% to 66% on June 25.
There may be selling by trusts, corps, HNW who want to lock in profits before the change.
Case in point the crosses in the mkt the past few days are institutional.

Good point, easier to sell some fat profit stocks than illiquid real estate etc...

The inclusion rate goes from 50% to 66% as you say... so that;s 32% higher taxable income...

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