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 SlowAndSteady7on Nov 13, 2018 12:50pm

163 Views

Post# 28966110

RE:RE:RE:RE:RE:conference call

Clearly the NR had more good news in it than bad. They are on-time, on-budget, fully funded with no major setbacks. Plus they found gas in Inali a little earlier than expected. This management team gets my vote.

I understand there are people who "play" the market instead of investing, but it truly does shock me to see this level of "players". Clearly, there was absolutely no reason to sell today. Yet people are selling. My guess is that you have a mix of "players" and some stop losses getting hit.

In any case..... picked up more at 2.76. Will resell at somewhere between $4 and $10 in early Jan as my position is a little higher than I'd like.

Thanks players....

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