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

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Comment by bigreturn11on Apr 10, 2019 6:29pm

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Post# 29609834

RE:The Motley Fool Recommends VLE today as a 3 Bagger

kcac1 wrote:
1 Triple-Bagger Energy Stock to Buy Today

Matt Smith | April 10, 2019 | More on: VLE

Image source: Getty Images.

Ever since the price of crude collapsed in late 2014, investors eyes have been fixated on Canada’s energy patch, as they seek to buy oil and natural gas stocks trading at deep discounts to their intrinsic fair value. This fixation has seen investors ignore opportunities that exist outside Canada. One such opportunity that is showing signs that it could triple in coming years is oil and gas driller Valeura Energy (TSX:VLE), which has lost 37% over the last year, creating an opportunity for risk-tolerant investors seeking outsized returns. Compelling opportunity While oil and gas exploration is a risky business…
https://www.fool.ca/2019/04/10/1-triple-bagger-energy-stock-to-buy-today/