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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

Comment by firstworldon Aug 07, 2021 1:41am
135 Views
Post# 33667913

RE:RE:RE:RE:Trying to Stay In

RE:RE:RE:RE:Trying to Stay InI don't care any more after being in this since 2009 and loading up at .26. The moment they lost Equinor I lost faith. Then they decided not to spend 2 MN to prove the deeps while the equip was on site so they spent 1.5 to release it. Then they sold shallow at 40 % discount to opaque newco when didn't need any money (corruption?) while holding onto operating contract ( justify their fat bonuses and options?). Finally, they said they would simply use investors cash meant for deeps to buy some other assets with more upside - to me that means they have zero Thrace partner traction, prospect after $100 MN in exploration is so poor they won't risk own 10-20 MN to prove commerciality. I bought into Turkey Thrace not some African sewer corp with 50 shell corps shielding PEPs that they can only afford to buy now. If they blow the $40M on Thrace and come up empty I'm happy - that's what I gambled on. Not an African or Canadian sewer O&G corp that can be bought for peanuts.
traderlong2 wrote: so that looks like 20k not 200
sounds like you are just here to bash VLE if you really held stock would not make sense to be so negative
glty


and this
firstworld (157)
April 23, 2021 - 12:34 PM
77 Reads
Post# 33055549

RE:Trading in 1 and 2 share increments

Just dumped 40K shares to gamble on bitcoin hahaha - same hot air but with great volume and tier 1 financials buying in!


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