Valeura Energy Inc. VLERF

Primary Symbol: T.VLE

Energy Oil & Gas E&P

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

Valeura Energy Inc. > P/E Ratio

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Comment by firstworldon Nov 01, 2023 5:08pm

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Post# 35712174

RE:P/E Ratio

Comparing Apples to Oranges..

Comps all have 1-10 years PE record while VLE has no PE record

Production is declining dispite $20M plus backfill drilling

Wassana restart blocked by regulators since it was the seond accident in a few months.

I recommended to friends who bought this in 2017-2018 at $5 to sell at least 50% now.

This is the usual pump before the post earnings release dump (even when its good news). I am unloading my last 200K spec shares in next days.

It looks and smalls like the usual canadian mining scam pump and dump.

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