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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 Dave4444on Dec 09, 2017 10:21am
217 Views
Post# 27123247

Just ignore Viking2017, check my profile, I joined in 2000

Just ignore Viking2017, check my profile, I joined in 2000
and the reason I am still here and still have plenty of money to invest is because over the years I have ignored posters like Viking2017, they always have motives that do not benefit investors, they are the bottom dwellers of the investment billboards and have no ethics.  I do not know where their parents went wrong raising them, but they clearly failed.  I have survived and made great returns in exploration stocks over the years without having to try and sucker others into selling their shares.  I do my research and find undervalued situations where the odds are greatly in my favor, I post honest comments about the stocks and people who ignore me do so at their own peril.  Something could of course go wrong with VLE and if so people owning shares are likely to see a $2 per share loss.  But the fact is the odds are better that this is a huge gas and liquids resource which will return multiples of the current share price.  I myself have sold a few shares, not because of Viking2017, or because I do not believe in the company, but because over the years I have learned that things can go wrong and so I have sold a few VLE to get my average cost down to 25 cents a share.  Now I can sit on the remaining 20,000 shares and relax knowing their is a small chance that my currnet profits will disappear, but a much greater chance that my current profits are going to multiply.  On good news I will likely buy more, as that will derisk the stock even more than the first well did.  There is a reason I have 4.5 stars by my name and Viking2017 does not, and why I have personal self respect and Viking2017 does or should not.  Best of luck on the next few news releases.  Dave
Bullboard Posts