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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 also operates Floating Storage and Offloading (FSO) vessel Aurora, location at Nong Yao field, offshore Gulf of Thailand.


TSX:VLE - Post by User

Bullboard Posts
Comment by stiffupperlipon Apr 08, 2020 9:56pm
120 Views
Post# 30892657

RE:RE:Hold and Buy

RE:RE:Hold and BuyGuest buying why? Most of these geoscientist lose concept of reality and begin to believe stuff that normal people wouldn't. It is just part of being a geoscientist. The question I ask is why didn't he buy the shares when it was north of $ 4/share? The fact is I do not know of one company with a 20 cent share that recovered. All the good supportivie funds and institutions have left the story and will never return. You lost a key partner, the drilling success is crapy and the little production you have may keep the lights on but the Turkey story simply hasn't held up. Sad but it is just a matter of time before all this winds down.
Bullboard Posts