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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 > Wassana
View:
Post by Hannamuk on Jun 27, 2024 9:01am

Wassana

How many bbls off the table?
Comment by windymayor1 on Jun 27, 2024 9:40am
FROM CORMARK.  Valeura (VLE-T, $4.72) – Top Pick, $12.00 Target, Garett Ursu: This morning Valeura reported the suspension of the Wassana field offshore Thailand due to precautionary measures. During a routine underwater safety inspection of the field’s production facility, the mobile offshore production unit (MOPU), a crack was identified within one of the MOPU’s steel jack-up legs. As ...more  
Comment by firstworld on Jun 27, 2024 2:26pm
Comment by firstworld on Jun 27, 2024 2:26pm
4K bbl day or USD 340K.@ Looking at 25% of their production down and a USD 30-70M revenue hit. This will take them to a material LOSS since there after tax net back is only $8 bbl
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