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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
Post by sneakyvalueon Dec 27, 2018 3:17am
141 Views
Post# 29158888

Is there blood in the streets yet? What’s BG doing?

Is there blood in the streets yet? What’s BG doing?While the market in general is cause for lost sleep, VLE is one holding that allows me to sleep well.  If you’ve done your DD, it should be obvious that this is a rare opportunity taking advantage of the beauty/bug of the TSX that allows for extreme volatility that leads to gross mispricing of assets.  What’s the true value of 10 tcf of gas on Europe’s doorstep?  Even fractions of a discounted valuation are shocking.  Days or weeks until a steep climb?
Bullboard Posts