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 sneakyvalueon Dec 01, 2019 4:05pm

99 Views

Post# 30410940

RE:RE:RE:Looking ahead. Blue skies? Bad actors?

Quite agree with you. 0.6 mmcf final stabilized is my own line in the sand. To see the blue sky valuations, Dev zone 1 needs to higher. If so, I'm still convinced of $3.60 by Xmas.

JoysOfInvesting wrote:

JoysOfInvesting wrote:

sneakyvalue wrote:
1)Great early results. Next NR is key: 0.3 - 0.6mcf = Meh. Hope for much higher. 2)Blue sky potential? Still think $3.60 by Xmas. $7-9 w/ 2020 catalysts. 3)Swami's still a paid shill in my mind until I see evidence pile up to the contrary.

Convince me otherwise on any of these. Excitement is back in Mudville but trying to avoid the blinders.

At minimum 600 mcf/d the last 24 hours of flow and an avg of 1 mmcf/d over at least 8 days or no blue skies. Not even sure the market would be ok with those numbers. I'm hearing 1mmcf/d stable flow as a measure of success and from people who would know. Like the ones associated with 007 in Turkey.

Yes, I understand that this is not what the company says is considered success. Before I hear that 200mcf/d number again...