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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 is also pursuing organic and inorganic growth in Southeast Asia.


TSX:VLE - Post by User

Bullboard Posts
Comment by leverage1971on Nov 30, 2017 11:10am
212 Views
Post# 27063670

RE:RE:RE:RE:If...

RE:RE:RE:RE:If...Prof101... anything is possible but the whole story is more important here than potential issues with sections tested. Go to the Hydra blog and get a large Starbucks... Shaw is no pumper and knows the story better than anyone outside of Cormark analysts and the management team itself.

If you go back to the release of the original deal with STO in May of 2016 you will see how much data was made available and why they ponied up the amount of $ they did for half the prize.

There is a lot we don't know but what I can tell you after 2.5 years here is that Jim and his team do not overexaggerate and do not pump.... in fact quite the opposite. The fact that they released this test is beyond unbelievable to me... I doubt that the tests of more porous rock will show no gas or
that it won't come up with fracing... there is a lot of pressure in that hole

Lev
Bullboard Posts