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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 > Steel things break and corrode
View:
Post by energee on Jun 29, 2024 3:49pm

Steel things break and corrode

Proactive - is what they did. Shows safety matters and they are on it.  No incident just temporary suspension of production.  This management team is straightforward and respected.  Most likely ould lead to an upsized platform.  Must be a few of them in the area given Chevron's large abandonment program. 
Comment by firstworld on Jul 01, 2024 3:41pm
Losing 25% of yoir production due to equip fatigue stress vracking that was likey identifoed many months ago is the furthest frpm.proactive.   Its 100% neglegence, failure to ensure critical equipment fitness. This will be the first of many cracks etc....once they start repairing expect discovery of mang more issues and many monhts of delays. Thay need a new one which is 24-48 months ...more  
Comment by Eoj123 on Jul 01, 2024 3:44pm
This post has been removed in accordance with Community Policy
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