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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
Post by RockLobster1on Jun 05, 2019 8:36pm
182 Views
Post# 29801423

Analysts

AnalystsWhile I have learned not to believe in anal-ysts as if they can predict the future, it seems they all have lofty targets with a logical thesis to support it. 

The only sort of exception is Joseph Schacter, a guy with a bad record was not doing a full analysis but just a 30 second guess to a viewer question.   I recall he was asked about it when it first started going above $1 on its way to $8 and he was negative, didn't even know about the Yamilak well.  So when he later says the same thing at $6 it is not adding anything... he was randomly wrong and then randomly right.  Great work if you can find it!

The other exception is GS, who as far as I know has never reviewed and deconstructed any of the analyst reports... compared them to his own thesis.  They should both have the same public information to go on.  Why has he not detailed why they are wrong?

Fact is none of them or us know the crucial results of the testing going fwd that will determine commerciality.   Of course whichever person has guessed right will take credit, and the ones wrong will say there was no way to know...

A complete failure could result in a $1+ drop, while complete success could result in $10-20+ up...  I like the odds here.
Bullboard Posts