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 is also pursuing organic and inorganic growth in Southeast Asia.

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Valeura Energy Inc. > Valeura stock

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Post by AucontraireIIon Mar 05, 2024 11:54am

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Post# 35915914

Valeura stock

Seems to have a repetitive pattern to it.

1. Soon to be released news leaks a little bit and the stock starts to run up on higher than normal volume.
2. News is released and the stock continues upwards on high volume.
3. Boredom sets in without further news releases and the stock settles back on low volume.
4. The stock finds a bottom and plateaus for a time.
5. Rinse and repeat.

Seems we are at stage 4 right now.

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