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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

Post by wajacon Jan 17, 2024 8:23pm
206 Views
Post# 35832604

post by 'firstworld' Jan 9, 2018

post by 'firstworld' Jan 9, 2018
Have held VLE since Q1 2011 and added since then.

Remeber the influsnce of AI trading which is 80%+ of actual market volumes with the multi billion dollar trading systems all big firms have particuipating in AI, HFT, Dark Trading, Flash Trading and SP day after day. 

These systems intake all content in media, forums, news and reams of financial data then digest it in a billionth of a second and trade  - market manipulation is rampant.

VLE has clearly gone from none of the above to a lot.  Its a great sign it on the radar of big players.

No one would pay $9+ commission on $40 buy and its likely alll those 100 +/- shares are BS price makers as well. Undoubtedly tons of cross trading between related parties to set price.

I am holding this, not taking a cent of profit,  untill the SP is ridiculously high, gets bought out, or they crash and burn.

From a strategic perspective:

Gazprom, as the worlds largets O&G company, would be wise to outbid anyone to ensure continued domination of the EURO gas market, and weaken the Arabs energy infulence in Turkish politics and policy.   $27BN for a new NGL terminal recently announced  - they can easily buy VLE with extensive pipelines to a massive market.

Norway would also be well served by outbidding evertyone for VLE to keep their 30%+/- market share and reduce perceived Russian risks to EU energy security - EU politicians would probably even finance it at 0% to keep Russians at bay.

This will be interesting to see where this is Xmas 2018.

Until then I will undoubtedly be entertained by promoters and bashers alike with tons of respect for the insightfull and inteligent posters.   
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