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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 5:14pm
250 Views
Post# 27522462

RE:Pretty Obvious Most of us here do not know

RE:Pretty Obvious Most of us here do not knowLets hope that was a joke lol. We know what the numbers and results have told us. Also now what the RA as well as new TP's tell us. The stock has much more value to it. What we dont know is how the market will react in the very short term. Stock was pumped and in a matter of 25 minutes it records highs then fell far down. Those people who were looking for a quick score got out. 

Given that VLE is still flying under the radar in mainstream most of the big players havent really stepped in yet. The RA hasnt been out for 24 hours and has probably not yet been fully around. This could be a case of waiting about a month til we get past 8$ again similar to 5$ after christmas. Not sure what big money would think about looking at the charts today but after all the news and new targets i think they rather get in sooner rather than later. 

As far as the 3rd well... it is a long wait but that gives the time for a buyout or just a steady rate in shareprice. You may see impatient people fall off as time goes by but if those wells are testing like Yam did then we will be in for another ride. 

Best to hold and see the true value, taking profits along the way is totally cool, but don't try and act like this was the end for VLE and move on to the next thing. If you have something more exciting or with more potential I would ask someone to please share;)
Bullboard Posts