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Bullboard - Stock Discussion Forum 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... see more

TSX:VLE - Post Discussion

Valeura Energy Inc > Equinor (“greener” lol) exited Turkey for oil fracking
View:
Post by Hannamuk on Apr 07, 2023 2:29am

Equinor (“greener” lol) exited Turkey for oil fracking

in Argentina. Small sized, Baja del Toro produced 1400 bbls pr day in q4 2022.

Thailand much better!

Comment by firstworld on Apr 07, 2023 10:11am
They actually partnered on several offshore mega projects with other NOC and supermajors probably netting a few mbbl/d.  Sadley, thrace did nor prove out which is why SG switched to producing legacty that tech can extend indefinately
Comment by Hannamuk on Apr 07, 2023 10:36am
Argentina their only new inorganic unconventional project after Thrace   
Comment by firstworld on Apr 07, 2023 7:19pm
Just read their releases have deployed around 100B since 2018 on varios cash flow generating projects haha.  They were hoping vle would be a 10B 5 year mobiliization with 20+ years earnings but turned out to be a dud. 
Comment by wajac on Apr 07, 2023 8:17pm
Equinor is a big player in the Newfoundland and Labrador offshore. The area has lots of the sweetest and lightest crude on the planet!
Comment by Hannamuk on Apr 08, 2023 1:57am
1/3 of Equinor production outside Norway is from fracking - US and Argentina. Over 200 000 boed  
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