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

Post by Npyetmanon Oct 12, 2018 4:09pm

102 Views

Post# 28791304

Awful Week

Now there is the VLE we have unfortunately become used to. Where most of the portfolio is in the green while VLE gaps down big. Then a big run-up followed by a crash back to lower prices. Just terrible that we have bullish activity cut short so quickly. I guess we really don't know what is going to happen before inali and I would not be surprised at this point to see the 2's before that happens.

Honestly, real gutted to see the wind in our sails get cut out so fast. This is perhaps one of the most exciting stories with the most unpredictable trading patterns i have ever seen

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