Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Sell it and fire management
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(67)
•••
Comment by energeeon Mar 31, 2022 9:02pm
141 Views
Post# 34565324

RE:RE:RE:Sell it and fire management

RE:RE:RE:Sell it and fire management
Hey Nozzman.

Provide more details. Otherwise, you are just speculating and adding nothing to the discussion. 

I see entrenched management and a Board that either knows more (or knows nothing) about what this overpaid group/deal gatekeepers are working on. $40M USD ($50M CDN) doesn't get you much today buying into production/deals.

An announcement of pursuing strategic alternatives is way overdue. My hope is that they can entice a stronger private Co and management team that actually has assets and CF to take us out on an RTO. 

Investors buy O&G stocks for many reasons including:
  • The Management Team (not)
  • The projects and properties (not)
  • Project Upside (TBD).  No reserves assigned and no JV partner yet.
I am here hoping that someone takes them out, pays the BS severance due and we see a better day for shareholders.  I am a shareholder and know how to vote in June once they call the meeting.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities