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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 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.


TSX:VLE - Post by User

Bullboard Posts
Comment by Lurker11on Aug 03, 2016 11:45am
113 Views
Post# 25106491

RE:Let me correct you as follows

RE:Let me correct you as followsCalypsoso, based on your posts I assess your level of knowledge with respect to oil and gas exploration as minimal so when I read your self description as a "cautious, experienced 'large' investor" I interpret that to mean an ignorant investor with somewhere between zero and 1000 shares. I work around geologists and I would be embarassed to approach one with a news release in hand and ask for a geological assessment for an area and anyone that proclaims to have done so and got an assessment that means anything is an obvious fraud. If you are wasting your time hanging around a SH BB for a stock you don't believe in because of a feud with another poster that too is not an indication of an "experienced large investor" rather very immature fraud. Liquid pockets in trapped portions of a formation is not uncommon and there are strategies to overcome it and all part of the learning curve for the company to continue to adjust the geological model of the formations in question.
Bullboard Posts