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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 Npyetmanon Feb 07, 2018 11:06am
179 Views
Post# 27519027

RE:Anyone think gap will fill down to $6.05

RE:Anyone think gap will fill down to $6.05Even though most people in this board are playing the long game there are people who are playing to turn over quick profits fast. We pumped pretty high and many sold to lock in that profit. It doesn’t change that there is actual proof of VLE being worth conservatively 20$ per share. Of course possibly more. A smart major, perhaps STO is going to want to take them out rather than pay even higher. 

Now the time in between drills is normal. We are used to this stock being on fire so seeing it have a bit more of a spaced out production may make people antsy. Those people will sell and miss out. For every successful drill it only adds much more value. Shaw’s article says it all. My guess is that someone wants this bad enough to pay VLE for it. 

Their will some volitility but we but we are poised for great things and we are heading up long term
Bullboard Posts