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

Bullboard Posts

Comment by bfwon Apr 28, 2019 11:37am

160 Views

Post# 29680661

RE:Nyp

I’ll take that cyber bet ;)

$1.50 is a market cap of $120 million or so.

Cash is probably around $50 million?

Shallow and deep + infrastructure valued at $70 million?

Nope.

Bfw

PennyGee wrote: When I predicted in early April the low $3s would be a near-term top and sold all of my shares in that price range, I was, as always laughed at.

Well, now everyone knows what happened after, in spite of all the positive "news".

Now I'm quite confident shorts will drive this back to the mid-$1s before any serious effort to cover.

To castle, have a look at the APHA chart you posted.

It bounced back to the $10.6s right after I bought.

Always double-check, given your IQ.