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.

TSX:VLE - Post by User

Valeura Energy Inc > New Press Release - Valeura Energy Inc. Announces Completion of Internal Restructuring

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Comment by bullhorn3on Nov 05, 2024 12:29pm

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Post# 36297227

RE:New Press Release - Valeura Energy Inc. Announces Completion of Internal Restructuring

Bigpond I am not an expert, but I think the tax loss carryforward includes losses from the companies that previously owned the properties, except Jasmine. How could VLE have lost $340 million in 2-3 years and still have $200 million in cash from the properties?

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