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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 sneakyvalueon Nov 26, 2019 2:05am
99 Views
Post# 30392141

RE:Guest 200mcf and Swami 500 to 600mcf

RE:Guest 200mcf and Swami 500 to 600mcfVLE is currently priced as though VLE will report  <100 mcf stabilized flow for Dev's zones.  200-300 was a bar that Inanli beat and the market priced it up to $3.50 in Sept before the collapse after zone 4.  What if a deep zone at Dev flows a 500 mcf stabilized rate?  What if it's significantly more?  Sean has a great poker face, but a couple comments in the Q3 call make me wonder if they know that they've got something good here.  Only the NR in the next 10 days will tell, but the way that this puppy moves on news, if we see good or great numbers, it could get ridiculous very quickly.  
Bullboard Posts