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 > Patient Waiting and buying the dips

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Comment by firstworldon Mar 22, 2022 10:49pm

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Post# 34536499

RE:RE:RE:RE:RE:Patient Waiting and buying the dips

Well I dumped 400K share VLE around .50 bought AOI at 1.20 and more than doubled my money. I could buy it all back but the fact Turkey pipelines to EU are owned and controlled by RU, and Turkey is arming the UA Nazis puts Turkey in the cross hairs. Oil will be $300 bbl before VLE ships a single tank of NGL and it won't be in a RU pipeline that's for sure. The sad fact is VLE management bought the shallows at a 50 % discount via proxy corp and now spend all their time running that Mickey mouse operation. Too bad they didnt develop the deeps further they would be monetizing it massively now. VLE is a safe bet ....it simply doesn't move haha.