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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

TSX:VLE - Post Discussion

Valeura Energy Inc > New press.....
View:
Post by cyber37 on Nov 05, 2024 3:12pm

New press.....

Most acquisitions come with Tax credits accumulated by previous owners this includes capital spend on exploration & development.
Until this new law, tax credits were field specific; with new law they can be transferred from non-producing fields or low production field to income from high production fields. Normally there would be some time limit on how long they can be carry forward but that is normal.

This is greater news for VLE.  
G37 
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Valeura Energy Inc