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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 moneysworthon Jan 24, 2019 8:51pm
302 Views
Post# 29278952

RE:VLE reminds me of Lionore takeover

RE:VLE reminds me of Lionore takeoverAgree, there is huge potential here but as usual patience is required. And, although there will be some up and down movement over the coming months, it's truly impossible that anyone could ever claim that by simply using TA they'd have any junior especially this one pegged.
Eventually we'll be swallowed up by a bigger player and probably sooner than we'd like. Still, the risk reward is great no matter what anyone is slyly telling you. Trade at your own risk...
Bullboard Posts