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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 RockLobster1on Aug 21, 2018 10:16am
85 Views
Post# 28492204

RE:RE:GOAWEIGH.

RE:RE:GOAWEIGH.
Chincy1 wrote: that's a great story Dow20000, but now tell the story of the other 99% that did the same thing as your buddy and they are now 'living in van down by the river'....Anyone that plays this game and goes all in and makes it out the other side, is to be congratulated and frankly deserves the spoils, but dont romantize how brutal the markets at this end of the risk curve can be. WIth that said, I think VLE represents all you could ask for in a speculation with absolutely massive upside. JMHO. 


Agreed... I have had my share of the ones that failed and you hope the successes outweaigh them as much as possible.  I have a friend who put it all on Rubicon and lost it all... it's easy to get so involved that we don't know when to get out.  And that's gambler's ruin that takes you out of the game for good.

That said, VLE is my largest position by far, but won't ever be my only one. 
Bullboard Posts