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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 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

Comment by firstworldon Nov 09, 2023 6:17pm
92 Views
Post# 35727192

RE:RE:10percent at these prices

RE:RE:10percent at these prices
CravenMoorehead wrote:
Stockwizard10 wrote: 10 percent holding at these prices. Somebody is very confident to be putting that amount in. Must be very confident of a good return. So I think it's nicely under pinned here .

The reason is this is significantly underr valued and you can bet they know more than the average pi about future events.

Buy buy buy 

Nobody takes a 10% position without a bit of inside info....

Thai Elites, Organized Crime, Military Junta, and Regulators all go to same brothels and country clubs ...its purely a way to have power in the corp and squeeze them dry while snow washing USD 25M.  Its hard for Thais to get residency and passports to firstworld countries so they go for 3rd world crdeit bubble welfare states like Canada haja.

We now know where the extraordinary  volume came from we dont know if it was relayed parties that held up the approvals forcing emedgemcy fund raise twice and 20% SH dilution.

We also knkw this was a pump and dump especially with VLE release on the 10% which is already Sedar public info.

If havnt dumped already do so fast because the fact vke releases this, and not wssana restart status, means their finaincials are terrible as is production decline after blowing $150M+ on infill drilling.


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