Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by firstworldon Oct 22, 2023 10:52pm
94 Views
Post# 35695616

RE:Great presentation from the conference

RE:Great presentation from the conference
goldwatch69 wrote: https://www.youtube.com/live/Z2rqN3RJ0aI

Key takeaways:

Focus on longevity and expansion to build up and increase cash flow.

Zero debt in a few weeks.

Fields are not short life assets and will continue to produce.

Nong Yao and Wassana will add more production next two quarters, looks like another 5000 bpd.

Special dividend or share buyback mid next year.

Next years milestone, double production on Wassana and acquire another asset.

Target by 2026, become a 100,000 bpd company.

Still well below peers in market cap based on cash flow.

Lots more upside here mates!  Wouldn't be surprised to see 10 bucks next year.  


Ahaha lets see them stay above 20K bbl day for 6 mths with no accidents first then lets hear how they plan to raise $1.2 B for addidiaonal clean up liabilities from all the extra development.

Sounds like a pump and dump to me since this was not a sanctioned public release.
<< Previous
Bullboard Posts
Next >>