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

Bullboard Posts

Post by mailmancpon Feb 06, 2018 10:15pm

221 Views

Post# 27516199

Huge numbers. Guesstimated closing price tomorrow?

These numbers have instantaneously proven this to be world class reserve. Now tomorrow I am expecting a major covering by the shorters.

We could easily see 10 plus million shares trade. I am anticipating before the market open our first research reports by either Cormark or RBC. Somebody is going to want to be the first to put out a report. Look at all the Cormark buying I am guessing they will.

Look for an updated Hydra capital report as well.

My bet is $12 minimum tomorrow. $18 wouldn’t surprise me.

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