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. > Price target

<< Previous

Bullboard Posts

Next >>

Comment by Toppicks1on Apr 08, 2024 1:37pm

97 Views

Post# 35977192

RE:Price target

Toppicks1 wrote: 8 think this trades at 8.50 before years end. The price targets of 9.50 and 11$ I think are a little high but from here to 8.50 is still a nice gain.

Talked with a broker executive friend of mine just a few minutes ago he said the price targets of 9.50 and 11$ will be met if they can fully use there tax credits.

<< Previous

Bullboard Posts

Next >>

Critical raw materials pioneer drives Europe’s clean energy transition