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 Bigpondon Nov 12, 2019 7:34pm

190 Views

Post# 30342640

RE:RE:Beautiful set up!

InvestEase wrote:
GLTA fingers crossed

Historically, they have tendency to disclose bad news at quarterly earning calls. I don't remember even a single quarter in last six ones when they said something that was appreciated by market. I still remember when they discussed water issues during quarterly earnings call that brought a 70% hair cut in stock price. Unfortunately, I have 95% of my holdings invested in this stock and I would love any jump in price but Ive lost confidence in this management. GLTA.

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