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Bullboard - Stock Discussion Forum
Valeura Energy Inc
VLERF
Primary Symbol:
T.VLE
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...
field) and G11/48 (Nong Yao field). It holds a 100% operating interest in license B5/27 containing the producing Jasmine and Ban Yen oil fields. It holds an operated 70% working interest in license G1/48 containing the Manora oil field, which produces approximately 2,935 barrels per day (bbls/d) of medium-weight sweet crude oil. The Company holds interests ranging from 63% through 100% in various leases and licenses in the Thrace basin. The Company also operates Floating Storage and Offloading (FSO) vessel Aurora, location at Nong Yao field, offshore Gulf of Thailand.
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TSX:VLE - Post Discussion
Valeura Energy Inc
> Saudi Arabia's Aramco halts plans
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•••
goldwatch69
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Post by
goldwatch69
on Jan 31, 2024 6:58am
Saudi Arabia's Aramco halts plans
https://www.cnbc.com/2024/01/30/saudi-arabias-aramco-halts-plans-to-increase-maximum-crude-production-capacity.html
https://www.reuters.com/business/energy/saudi-aramco-says-it-will-cut-planned-maximum-capacity-12-mln-bpd-2024-01-30
And oil will go down?.? LOL! The NY trading desk and Citi are going to be screaming to buy oil at any price. China just announced plans to replenish emergency reserves.
The impending oil shortage is looming!
(0)
•••
callmeishmael17
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Comment by
callmeishmael17
on Jan 31, 2024 10:42am
Seems that Mr Bonesaw is on board with trying anything to get Trump elected! That's bullish on oil prices till nov 2024...
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