Valeura Energy Inc T.VLE

Capex

[nozzpack]

Only 3-4 wells drilled will be drilled in these new assets in 2023.

Thats because Mubby has already drilled 9 infill wells to date in 2022 and was planning just 3 wells or so in 2023.
From then on forward to 2026 , about 4 per infill wells.

Development  / appraisal wells will be drilled at Nong Yao on the flank of the Nattani Trogh beginning in 2024.
None of these wells are particularly expensive .

My calculations left $84 million US per year for a variety of expenses including sustaining capex.

Of course, we have the KE assets providing rich cash flows which were excluded from my analyses.

Note that those who critizize , including The Child and his Playmate, do not offer to provide their calculations .
Bashers never do,,

[Hannamuk]

Russian troll, you have left out a new MOPU++  :-)))

[SlowAndSteady7]

Rossukon Development plan: ~$26M ($60M @ 43% WI) MOPU final payment $5M Aquisition final payment $4.4M 5 infill wells for Wasanna 19 infill wells for Jasmine (over 3 years, so assume 6 in CY23) 12 new wells for Nong Yao New MOPU for Nong Yao New Appraisal cost. 180 Thai Staff. Regular G&A (lawyers, CxOs, accountants, TSX listing fees, etc....) Stuff adds up fast for something of

[SMlachake]

Are you missing heat loss from diesel injectors, pumps on surface and friction loss lifting the crude? And yeah, there is office printing costs and coffee, let's not forget bank charges and currency conversions. Come to think of it, it rains in Thailand and all 180 employees may need an umbrella or 2. My only question after all that is added up. Can you please recommend an O$G stock that flows

[Hannamuk]

Umbrellas as you missed out the water injection? :-))  

[nozzpack]

Rossukon Development plan: ~$26M ($60M @ 43% WI) ( not part of Mubby assets but will add more more production so will more than pay for itself  ) MOPU final payment $5M ( one time payment divided by 10 year field life ) Aquisition final payment $4.4M ( one time payment divided by 10 year field life ) 5 infill wells for Wasanna ( not part of  Mubby assets but Opex more than paid for