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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

Post by Carbonbullon Aug 27, 2024 7:29am
235 Views
Post# 36197271

Well done Valeura management team

Well done Valeura management team Proof is in the pudding, this asset has tremendous unengineered value yet to be discovered , with the additions announced and yet to be drilled, my opinion is that any remediation work is at least noth of 2034.  These assets will have a very interesting reserve report revison at the end of 2024!! 

Quarterly FFO truly impressive , which will allow for the stock to become fairly valued and be used in th overall bid package for Chevron assets in the area , I believe that is implied in press release.   in a blink of an eye this company could be producing 100k BOED and 1.8 bcf of gas ,, hard to ignore then!!!!

Just my speculation not investment advice please always do your own DD  ,, so easy with GROK2 now . 
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