Bullboard - Stock Discussion Forum 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... see more

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Valeura Energy Inc > Kris Energy Acquired Bangladesh Gas assets for just $42 m

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Post by nozzpack on May 06, 2022 11:07am

Kris Energy Acquired Bangladesh Gas assets for just $42 m

The year was 2013, so nearly 9 years of production since then.......it's possible that the working relationship between Keppel and Panthers might deliver those producing gas assets for much less and there is still over a decade of Reserve Life left...

https://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=27596

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Comment by nozzpack on May 06, 2022 1:05pm

This would be a Superb producing asset for Valeura, as natural gas prices are very high. Bangladesh and operating margins are at record levels. Most recent reporting indicates annual production of about 16,500 barrels of oil equivalent per day, of which 30 % ( about 4800 boepd ) would be net to VALEURA. It is noteworthy that BAPEX ( Bangladesh national petroleum company owe KE ( now Keppel ) $37 ...more

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