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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. > Under $4
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Comment by Gringottson Feb 28, 2024 1:18pm
201 Views
Post# 35904304

RE:Under $4

RE:Under $4

I don't think this drop is a big concern. I believe it is technical. A small gap exists - it looks like it is just being filled. $3.90 will hopefully be the bottom. Unfortunatly, VLE may be range bound for a little while, at least until we get close to year end results in mid-March.

I strongely believe the good days will far out number the bad regarding VLE's share price. 2024 will belong to VLE longs. 

glta

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