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Bullboard - Stock Discussion Forum Valeura Energy Inc. VLERF


Primary Symbol: T.VLE

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... see more

Bullboard (TSX:VLE)

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Comment by nozzpackon Feb 20, 2024 6:44pm

RE:RE:CJ $975 m MC ….215000 boepd

They certainly have the cash and gas prices are at premium levels.....but getting a partner ?
Comment by goldwatch69on Feb 20, 2024 4:47pm

RE:Actus increases target from 6.40 to 8.50

Finally! Took them long enough! Clearly VLE will be pumping over 25,000 bopd in a few months and there is obviously plenty of oil for years to come.  Minimum 28,000 bopd by year end is in the way ...more  
Comment by CravenMooreheadon Feb 20, 2024 1:32pm

RE:CJ $975 m MC ….215000 boepd

  CB,  Do you think VLE will ever try again in the Thrace or does that not factor into your decision at all?
Post by nozzpackon Feb 20, 2024 1:11pm

CJ $975 m MC ….215000 boepd

Cardinal energy. Of that 215000 boepd , about 65% is heavy oil and natty gas plus discounted WFI light oil. We should be trading close to $10 ..
Post by Carbonbullon Feb 20, 2024 12:46pm

Great step forward

The reserve report now verifies very significant value post remediation , management dedicated to adding organic value by exploiting contingent resource possibility , this is great use of embedded ...more  
Comment by nozzpackon Feb 20, 2024 10:42am

RE:Actus increases target from 6.40 to 8.50

  Assuming US$70/bbl for Brent in 2026, our YE26 net cash forecast is now US$530 mm (~US$410 mm previously). Thats $725 million in CAD which is about $4 per share in cash . Grossly ...more  
Post by Toppicks1on Feb 20, 2024 10:05am

New

52 week highs maybe today or if not this week. This is on its way to 5$ and won't take long.
Comment by Toppicks1on Feb 20, 2024 9:55am

RE:Reload

Not sure this one will ever trade under 4$ again. Should be on its way to $5 shortly. And could close in the 6 to 7 $ range by year end.
Post by RockLobster1on Feb 20, 2024 9:45am

Actus increases target from 6.40 to 8.50

Valuation We have increased our production forecast to >20 mbbl/d in 2026 and to >17 mbbl/d in 2027. We have increased our Core NAV and ReNAV from respectively C$5.55/sh and C$6.34/sh to ~C$7.50 ...more  
Post by nozzpackon Feb 20, 2024 8:07am

Replacement ratio of 2.2 !!

and contingent increased by a factor of 3. We keep extending the field life and a 10 year reserve life now seems achievable .. Year-End 2023 Reserves and Resources, Strong Growth and Value ...more  
Comment by RockLobster1on Feb 20, 2024 6:32am

RE:News…. Incredible!!!

It looks great to me, but interested in analysis from some of you who understand it well... Thanks Will see how the market reacts... Perhaps it explains the big jump we suddenly had last week.
Post by calvin43951on Feb 20, 2024 4:18am

News…. Incredible!!!

Wow ..  check out the news on the reserves!!  exciting times ahead!!  Congratulations Sean and team!! 
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