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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
Comment by stiffupperlipon Oct 21, 2017 11:05pm
94 Views
Post# 26841548

RE:RE:RE:Why is there no Insider buying?

RE:RE:RE:Why is there no Insider buying?GoldT - not true. Companies are required to report material events (as you have seen last week). Thereafter, they can buy as many shares as they like. And in fact shareholders like that insiders purchase shares as it instills confidence in this micro-story. You will never get any 'blow back' from insiders buying shares - you will get big time 'blow back' when they sell shares.

VLE's prez is a light weight and he has none of his own shares. He will be cruscified on any roadshow as a non-believer. This is why the market isn't appreciating this story right now. A degraded management team with a 'scientific' story.
Bullboard Posts