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 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

Valeura Energy Inc.

Bullboard Posts

Comment by Miftee9on Jan 31, 2018 1:22am

263 Views

Post# 27468196

RE:RE:RE:RE:RE:RE:RE:RE:RE:RA Estimates

STO would promote because they have their own shareholders to worry about. The RA is due by feb 6, it is not coincidence their presentation is on the 7th.

If price triples and VLE becomes worth 1.5B, STO can still easily take them out with a cash and share deal. Even at $2.5b valuation that is still only 3% of the value of STO. If not talked about at the presentation, surely some STO shareholder will bring it up and ask why would such a large play not warrant a mention in the presentation. STO management would look foolish.

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