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

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Comment by QedYYC90on Feb 23, 2018 5:01pm

166 Views

Post# 27612267

RE:RE:The bashers crowd.

Except they have not really studied the company. The ones you quote have basically said "don't know anything about the company. its too small. Turkey." etc.

There are three analysts who actually cover the company - Mackie, GMP and Cormark. The former two have price targets around 9-9.50 (set Feb 7) and have stated those numbers are conservative. Cormark is likely in blackout since they have not updated their target since jan 16. Expect them to come out with a new report once the bought deal closes.

In any case, conensus of those that have actually done a deep dive expect significant upside in the next year.

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