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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 nozzpackon Mar 19, 2022 3:12pm
130 Views
Post# 34528569

RE:RE:Patient Waiting and buying the dips

RE:RE:Patient Waiting and buying the dips I m pretty certain of the target/ partner and it's a good complementary asset whose owners have the same goals as Valeura in the same international arena.

So, I keep buying $0.62 in cash for $0.44 or so.
In the meantime, real commodity based money will soon overwhelm the Petrodollar .
That outside money ( New Bretton Woods ) will have as its core commodities oil and gold.

So, owning oil and gold stocks will pay big dividends over the next year or so.....and the trend is already obvious.
For example, 200 ounces of paper gold is now backed by 1 ounce of physical gold.

Quick, do the numbers ......$1900 US x 200 =$380,000 .

So, be patient.
Those trillions of gas in Deep Thrace will be produced because Turkey gotta have em to survive.

In the meantime, buy cheap cash..
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