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 bigreturn11on Dec 07, 2019 6:06pm

206 Views

Post# 30432659

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:(1.3 +1.3 + 1.6) - 55% crossflow - 55% decline = Happy dance

Spurred excitement yes. There is a minute chance of a win scenario baked into the price at $1.25. Very very small as in nobody believes this could be big. There lies absolute behemoth potential at $1.25 if we hit anything close to 1 mmcf/d. $1.25 is “left for dead” share price. If Dev shows any promise, we are in the $3s. Why else would Viking be bashing 24/7 at $1.25. That’s the only rational thought process to me.

JoysOfInvesting wrote:

sneakyvalue wrote: I'll speak slowly: Any number higher than 0.6 is a win. I think 0.85 mmcf at day 10 is reasonable and should be exciting for VLE shareholders. Anything higher and I'll be thrilled.
Vikes - if you're not a bot, why don't you try and detail your math rather than just copy, distort and paste from others?

0.85 might be exciting for some shareholders but many will be expecting more. Releasing preliminary results with those numbers elevated expectations.