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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 Dec 12, 2022 1:46am
255 Views
Post# 35165486

RE:RE:RE:RE:RE:RE:20% Exploration Success of Nong Yao by New Technology

RE:RE:RE:RE:RE:RE:20% Exploration Success of Nong Yao by New TechnologyHe's counting the chickens before the eggs hatch ...the deal has not closed. They have not provided the required surity bonds.   None of the contractors and vendors have shown up to the site and the contracts are likely void of any liquidated damages for late or no show.   Sooo much can go wrong.

Still a $3 stock now and 5 after a few months of production....happy to own it.

Hopefully RU cuts production by 40% to teach the new Reich a lesson - communist economics and price controls like old Soviet Union and much of Canada today don't work.  $200 bbl will empty the roads so we can all enjoy cruising without 4th world idiots in the ten year financed trash while surfing Twitter on the roads haha.






traderlong2 wrote: Refreshing to see all the oil chatter ...Thanks So originally i was planning to see this hit 3 bucks and sell a large portion of my position Not anymore I really think this is now 5-8 dollar stock in 6-12 months add in a divy with a great reserves report and some good execution this thing may not have a top with only 86 million shares out i will now hold a year or two and see what Sean delivers he has worked very hard behind the scenes to get us to this point looks like VLE is going to be a real player in Asia he mentioned several times now the 2 largest producer in the area ! and largest private producer Still taking it all in but incredible job by the team even at 10mil purchase and 50 mil cont 214 million decom this is a whopper of a deal any way you add it up Now Turkey is just icing for the cake


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