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 PoorOpinionon Aug 24, 2018 1:16pm

107 Views

Post# 28513338

RE:BIG new kid in town

Its nice to have the panic stripped out of a discussion about Turkey. But still there is a lot of hesitation in those words, dip your toe, wait-and-see. It underlines that for the macro situation we can get beyond panic but the climb back to normality is going to be slow.
Its great they see value in VLE now. I think the worst days are behind us (black swans aside).

sneakyvalue wrote: Nice find and great news! Another big international player that sees big upside in VLE.

Here is a link to Invesco’s article from earlier this week where they discuss how they are approaching opportunities in Turkey right now and their position in Valeura.

https://www.invescoperpetual.co.uk/uk/news-and-insights/volatility-in-turkey