Bullboard - Stock Discussion Forum 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... see more

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TSX:VLE - Post Discussion

Valeura Energy Inc. > Good one to hold for awhile

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Post by wajac on Oct 31, 2023 11:05am

Good one to hold for awhile

The trajectory for VLE is up!

Based on oil production and the share price of its peers it's
under valued. Those who stay the course will be well rewarded.

Insiders buy for a reason. Their lead is always a good omen.

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Comment by firstworld on Oct 31, 2023 3:40pm

Need to discount value by 80% for poor delivery as promised record, two X 10% dilutions weeks after "non Dilutive" by SG for paltry $20M when they had the cash in the bank....desperation....and two accidents, problems with regulators for wassane restart permits, and overall dismal performance record. Dont forget about lowest bbl day production at 19K even after spending $150-200M ...more

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