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.

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Valeura Energy Inc

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Comment by Burgersandfrieson Jul 30, 2020 10:57am

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Post# 31343580

RE:RE:RE:RE:RE:RE:Traded volume is also impressive!

Equinor spent a boat load of cash sometimes spending money means you get a return on that sometimes it just goes out the door. They left and didn't say why they just left. It would seem reasonable to assume they didn't find what they were looking for. Did that cash drop turn into a nothing burger? Insider buying at a bare bones levels suggests so. I'm only 60 cents away from being even on this so miracles can happpen

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