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Valeura Energy Inc T.VLE

Alternate Symbol(s):  VLERF

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.


TSX:VLE - Post by User

Comment by cyber37on Aug 02, 2024 11:10am
171 Views
Post# 36160861

RE:Let's hope it doesn't sink

RE:Let's hope it doesn't sinkYou are right 1stw, nothing better than investing in Canadian company like Valeura that operates with integrity and in accordance with high safety standards developed & practiced in that country. I have seen firsthand alternative operations in places like Venezuela, Cuba & was involved in oil and gas projects in China and Russia….all were nothing short of criminal disregard for environment and humanity. I think all those places will eventually self-destruct and rebirth as new humane entities – as is happening currently with Russia thanks to Ukraine. It may take a bit longer with China but eventually will happen there too.
G37     


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