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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 sneakyvalueon Jan 31, 2019 2:13pm
139 Views
Post# 29302631

RE:VLE's Twitter

RE:VLE's TwitterI personally appreciate that they are in promotional mode, which includes everything from Tweets, news releases, professionally put together corporate presentations, their dog and pony shows over the last few months around the globe and the site visit that they hosted recently. Several intelligent investors I know had been pushing for improved IR and promotional activities and my understanding is that management was very receptive of this. I agree that the drill/test results are of primary concern, but if a well gushes in the forest it is incumbent on the management to ensure that the world hears. As for the unexpected price movement on incredibly positive news, who knows. I have to admit that I am open to the possibility that this is still being manipulated by some big boys and it won't run until they say so (maybe once a London listing or a next financing deal is finalized???). I can report that both myself and some colleagues have heard only muted excitement from recent communications with our CEO.
Bullboard Posts