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 THEMILLIONon Nov 22, 2019 10:30am

107 Views

Post# 30382142

RE:Stock Forecasts Ending Dec 31, 2019

To be realistic here, I don't see us pushing past $1.00 by end of the year with all the tax loss selling and noise. Its hard to say if Equinor will keep its rights on Valeura or they back out. Lots of scenarios can shoot this up or shoot this down.

We haven't heard anything yet out of Innali yet. Usually good or bad news is leaked with high volumes. Hard to say which way this goes. All depends on results released next week.

I have been kicked in the jewels too much this year from this stock. I just want to get back to even which will be close to $4 a share. Good luck with that anytime soon.

TM

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