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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 is also pursuing organic and inorganic growth in Southeast Asia.


TSX:VLE - Post by User

Post by calvin43951on Mar 24, 2024 10:58am
142 Views
Post# 35949459

Calvin43951…

Calvin43951…

No I am not firstworld, but I understand your frustration. The only reason I post after him is he is always trying to put up false lies about this company. His post Arment to mislead investors.  

vle, has to be one of the most promising oil play on the market, I believe.

Over $200 million in cash and more after this quarter and has no debt. With the recent increase in reserves they will be able to push back decommissioning cost greatly.
We are only months away from either another acquisition or a dividend as stated by Sean. 


We are still flying under the radar therefore we have a great opportunity to increase two or three folds from here.

They have it and outstanding management team committed to bring value to its shareholders.
They are true professionals in every aspect. 

Do your own due diligence but if you find another company that offers this much potential, please post so we can all have a look at it. However you are gonna find it almost impossible to find one with everything we have going forward. Good luck to all. 

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