Valeura Energy Inc. T.VLE

Alternate Symbol(s): VLERF

Energy Oil & Gas E&P

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

Valeura Energy Inc.

Bullboard Posts

Comment by Viking2017jorsaon Sep 20, 2019 11:58am

116 Views

Post# 30148137

RE:RE:RE:Flow rates must be looking good, wonder how many 100's of

Goaweigh wrote: Maybe, but Stephane Foucaud of GMP who's one of the top rated analysts in Europe is comparing VLE to Cove Energy, a Company taken out at C $ 2 Billion after a battle between Shell and PTTEP. That's $ 22 to us.
If he wants to pump this to his clients with a $ 22 target price I'm certainly not going to argue other than maybe to say it should be $ 32 ya wanker !

cyber37 wrote: A better analog here would be Verenex Energy where the same Jim McFarland who has more than 43 years of domestic and international experience in the oil and gas industry, and is now a President, CEO and director of Valeura Energy Inc., an international oil and gas company listed on the Toronto Stock Exchange with operations in Turkey. Prior to co-founding Valeura in April 2010, he was President, CEO, director and co-founder of Verenex Energy Inc., a successful oil and gas explorer in Libya, which was sold to the Libyan Investment Authority in December 2009.
Well, it took him 'only' 10 years to build-up another money making scheme. I'm still under water with my shares but I'm not all that concerned knowing who is behind this venture.

G37