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.

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Valeura Energy Inc. > Re-rate coming

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Comment by Toppicks1on Nov 09, 2023 8:15pm

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Post# 35727377

RE:RE:RE:RE:RE:Re-rate coming

firstworld wrote:
cyber37 wrote: Amateur hour…..

LOL glad I sold my swing at 4.14-4.17 for a very nice profit.

Pump and dump prediccatability on VLE iss amazing. The fact anyone would pay over $2 for a startup with massive failures history (2017-2018), terrible execution record in first 9 months, capped off with a 25% production decline eventhough they spend $20M mth infill drilling, is hilarious.

What a great ride this is a moeny tree. I wait for 2.95 now...maybe 3.25.

There is no vaulation on VLE with the 15% production decline, permit delays to restart wassana, and missing $200M.