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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 Apr 17, 2019 3:52pm
205 Views
Post# 29640357

RE:RE:RE:RE:RE:RE:PLT update

RE:RE:RE:RE:RE:RE:PLT updatePG, not sure what your specific TA is actually telling you? However, we're still trending above the 50 DMA and pretty sure we've been in a blackout period since mid February when Sean and Lyle made their last purchases. When the drill starts turning and they are in exploration mode, no insider can buy. As well, wouldn't get too upset by BG who still owns a healthy 17% chunk and may continue to make future purchases before anyone officially finds out. As well, other European institutions are now able to step in and purchase shares with the new London board listing. Using TA can be important but it's awfully hard to predict what's going on behind the scenes especially so close to a steady stream of important company releases. Good luck with your investments...
Bullboard Posts