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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
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(4)
•••
Comment by dowdon Dec 14, 2019 3:09am
174 Views
Post# 30454573

RE:Viking/Equino the pig

RE:Viking/Equino the pig

<<Nothing but upside at $0.48.>

Bigreturn, this statement is false.


The shallow gas wells have already been proven uneconomic several years ago. And the cash on the balance sheet will be blown quickly on salaries and additional science projects. 


it makes sense to get out soon or in the New Year and try and rebuild capital in other deals.

 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities