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Valeura Energy Inc. T.VLE

Alternate Symbol(s):  VLERF

Valeura Energy Inc. is a Canada-based upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and onshore Turkey. It is also pursuing inorganic growth in Southeast Asia. It 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), 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 3,200 barrels per day (bbls/d) of medium-weight sweet crude oil. It also has an operating interest in 0.407 million gross acres of prospective rights in the Thrace basin of northwest Turkey. It holds interests ranging from 63% through 100% in various leases and licenses in the Thrace basin.


TSX:VLE - Post by User

Bullboard Posts
Comment by Dave4444on Jan 15, 2018 6:57pm
152 Views
Post# 27363555

RE:dont use margin re scotia margin. call my paper is there

RE:dont use margin re scotia margin. call my paper is there
No need to use bank/broker margin, if you want margin without calls just get a line of credit backed by your assets and use the line of credit as your margin.  This will not work if you are already using borrowed funds for the primary stock purchase.  But if you are borrowing to purchase, then you really should not be using margin anyway.  When I first started I use the line of credit, but now I always have a percentage of cash in my brokerage account and never go all in on anything, so do not need to borrow or margin, much safer.
Bullboard Posts