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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 Mar 06, 2018 11:50am
118 Views
Post# 27668220

RE:RE:Sorry to interrupt the cartoon hour...

RE:RE:Sorry to interrupt the cartoon hour...Lev, would you say that since there is no major catalyst for the stock to move way up at this time that incremental movements upward will be made with Cormark profiting on the small gains they buy and sell for?

It is an exciting position that we can begin a slow rise until news brings the price up higher. For any of us holding and Cormark holding/trading we all win, even Castle.. Although he should have just bought a large amount when he started bashing. Price target are set to be met and slow gains are going to be stronger in the next months than the spike we saw when the RA came out. 

Once the next drilling comes we will see significant rises but until then the houses are going to be make their money by slowly trading upward IMO. Thoughts, lev and anyone else:)?



Bullboard Posts