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Valeura Energy Inc T.VLE

Alternate Symbol(s):  VLERF

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

Bullboard Posts
Post by bxjuon Dec 18, 2015 3:53pm
102 Views
Post# 24396473

VLE Anaylysts estimates etc.

VLE Anaylysts estimates etc.Anyone have any comments on the updated website info. as the website is also updated? Also, note the presentation posted with the website changes goes on well past the traditional boilerplate into that appears to be the end and has a lot of detail in supplements and is 45 pages or so in total. If you read through all, you note that VLE hits on almost all of their wells. I am a little confused in regards to these two current wells, are they targeting multiple targets in each well for production and are these expected to be conventional wells or Fracs or possibly both if that is possible. The large majority of their wells are Fracs.
Dundee Securities Research Analysts Boost Earnings Estimates for Valeura Energy Inc (VLE) December 18th, 2015 - 0 comments - Filed Under - by Faye Duncan Valeura Energy logoValeura Energy Inc (TSE:VLE) Research analysts at Dundee Securities raised their FY2016 earnings estimates for Valeura Energy in a report released on Thursday, Zacks Investment Research reports. Dundee Securities analyst D. Dudlyke now anticipates that the firm will post earnings of $0.06 per share for the year, up from their previous forecast of $0.05. Separately, FirstEnergy Capital upped their target price on shares of Valeura Energy from C$0.60 to C$1.00 and gave the stock an outperform rating in a report on Friday, October 23rd. Valeura Energy (TSE:VLE) traded down 1.72% during trading on Friday, reaching $0.57. The company had a trading volume of 78,500 shares. The company has a 50-day moving average price of $0.48 and a 200 day moving average price of $0.48. The companys market capitalization is $33.01 million. Valeura Energy has a one year low of $0.36 and a one year high of $0.71.
Bullboard Posts