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.

TSX:VLE - Post by User

Valeura Energy Inc. > Reload

<< Previous

Bullboard Posts

Next >>

Comment by Toppicks1on Mar 28, 2024 9:28am

72 Views

Post# 35957665

RE:RE:Reload

Toppicks1 wrote:
Toppicks1 wrote: Time in this name. If they have there tax situation resolved this should go to 5$. Huge cash flow machine.

Not sure this one will ever trade under 4$ again. Should be on its way to $5 shortly. And could close in the 6 to 7 $ range by year end.

Well it hit first target of 5$. Will trade between 6 and 7 by years end.

<< Previous

Bullboard Posts

Next >>

Drilling company poised to capitalize on market conditions