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Valeura Energy Inc T.VLE

Alternate Symbol(s):  VLERF

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 also operates Floating Storage and Offloading (FSO) vessel Aurora, location at Nong Yao field, offshore Gulf of Thailand.


TSX:VLE - Post by User

Valeura Energy Inc
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Comment by STOCKWIZon Sep 10, 2010 5:48pm
823 Views
Post# 17435942

RE: RE: RE: Hesitant to get in

RE: RE: RE: Hesitant to get inI've decided to sit this one out.  However, what would make me get is if I saw serious insider buying or even if VET took a stake in this!  Verenex had excellent success in Libya but was only sold for $350 miillion!  At 2 bucks Valeura has a market cap more than what Verenex sold for!  Will they have as much success as they did in Libya? Hard to say! Great team! Love Vermillion! Good luck to everyone! I will keep this one on my radar! 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities