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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. > Barchart opinion
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Comment by cyber37on Nov 07, 2023 6:21pm
266 Views
Post# 35722496

RE:Barchart opinion

RE:Barchart opinionTo me VLE chart points to infestation of day traders/parasites. On one hand this provides liquidity but also drains capital from insecure & uninformed shareholders that run for the hills on first sine of weakness. Company really doesn’t care about those fluctuations unless they need good reference price for new equity issue. So,...it is mostly up to existing shareholders to get informed & stop selling to smart as$ opportunists. Stop selling, protect your potential gains.
Now, I’m glad to see that all those silly calls for dividends have subsided & I’m impatiently waiting to see what comes next after wells A28 & A28-ST1. This deeper potential encountered in Wassana could be a game changer and I also hope it is NOT another Thrace.
G37       

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Dealroom for high-potential pre-IPO opportunities