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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 Jun 20, 2018 12:49pm
114 Views
Post# 28199640

RE:Position

RE:PositionGreat points! We haven’t seen the stock trade this tight in the last couple weeks since the initial blast off. Things are really getting down to wire and once the news starts and there is more confirmation we are going really prepare for the next little while.

Management seems to have planned everything well enough so that the results will be steady enough so that we don’t see spikes in SP along the journey. One thing I was concerned about is the SP spiking after great news then subsiding for a while then going back to where it was before after the next news. It seems that with more positive results we will just be moving higher and higher in a somewhat steady fashion. Of course that is hard to predict, but something is and management both want. Good times ahead:)
Bullboard Posts