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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 Jul 11, 2018 3:58pm
195 Views
Post# 28302196

RE:RE:"Valeura Energy"

RE:RE:"Valeura Energy" It’s like VLE having a pizza and then losing one pepperoni. To those who are in fairly recently we have had swings that have took us up into the 5.50s before coming down to where we are now. This unfortunately is an amazing oppourtunity with lots of volatility.

Everything is sound but yet everyone is panicking about Turkey when they are overlooking that this stock is not Apple... we are not looking to grow a very steady and very long term company over many years. We are an exploration company, find oil, prove its there and how valuable it is then hopefully get bought out so someone who is capable can develop it. Nothing about VLE has changed and the only reason to jump ship would be over bad drill results. 

Im lucky enough to have got in fairly early, but if I got in recently I would understand some frustrations, but please try to think a little more long term:)


Bullboard Posts