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

Comment by QedYYC90on Mar 21, 2018 6:16pm

124 Views

Post# 27757180

RE:Day low of $4.03 - this starts the $3 decline tomorrow

I hope so. My last buy was in the 3.80s and I was hoping it would stay there into the new year so I could dump another year's worth of TFSA contributions into it... and I missed out on that. If it get's back into the $3s, I'm selling my TFSA holdings (both winners and losers and dumping it all on VLE). My guess is we will never get to these lows again once activity ramps up into Q3.

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