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 > todays trading felt like a shake out

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Post by traderlong2on Dec 13, 2022 9:37pm

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Post# 35169960

todays trading felt like a shake out

Someone picked those shares up today as they scare some more retail out
Brent back above 80
fantastic news in the pipeline
already making money
I find this incredible

With an effective date of 31/08/22 and ~US$12 mm post tax cash flow per month from the new assets, Valeura could receive >US$50 mm working capital on closing (assumed at the end of 1Q23).

The acquired assets consist of:
(1) 90% WI in the Nong Yao oil field with 12.4 mmbbl net 2P reserves and 8.4 mbbl/d net production that could grow to >11 mbbl/d by mid 2024,
(2) 100% WI in the Jasmine and Ban Yen oil fields with ~10 mmbbl net 2P reserves and 10.1 mbbl/d production, and
(3) 70% WI in the Manora oil field with 1.7 mmbbl net 2P reserves and 3.3 mbbl/d net production.

TODAYS TOTALS
average share price today 1.653

House Positions for C:VLE from 20221213 to 20221213

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
80 National Bank	108,631	177,048	1.63	8,206	13,924	1.697	100,425	-163,124
1 Anonymous	537,601	890,705	1.657	468,039	789,784	1.687	69,562	-100,921
39 Merrill Lynch	87,519	137,484	1.571	27,683	44,491	1.607	59,836	-92,993
62 Haywood	50,000	76,397	1.528	15,000	26,850	1.79	35,000	-49,547
9 BMO Nesbitt	40,365	67,438	1.671	9,500	16,612	1.749	30,865	-50,826
53 Morgan Stanley	30,334	48,779	1.608	0			30,334	-48,779
85 Scotia	69,932	118,972	1.701	48,945	83,606	1.708	20,987	-35,366
124 Questrade	23,061	40,700	1.765	2,861	4,928	1.722	20,200	-35,772
14 Virtu ITG	15,374	26,075	1.696	2,814	4,417	1.57	12,560	-21,658
2 RBC	96,840	155,928	1.61	86,982	143,342	1.648	9,858	-12,586
72 Credit Suisse	8,700	14,506	1.667	0			8,700	-14,506
200 Acumen	5,000	8,850	1.77	0			5,000	-8,850
143 Pershing	4,900	8,183	1.67	0			4,900	-8,183
19 Desjardins	51,711	86,523	1.673	49,367	83,084	1.683	2,344	-3,439
36 Latimer	372	622	1.672	2,066	3,449	1.669	-1,694	2,827
88 Credential	19,500	33,020	1.693	24,500	43,963	1.794	-5,000	10,943
83 Research Cap	0			8,500	14,620	1.72	-8,500	14,620
13 Instinet	109,511	182,892	1.67	131,700	214,321	1.627	-22,189	31,429
7 TD Sec	718,182	1,193,574	1.662	743,331	1,200,070	1.614	-25,149	6,496
79 CIBC	337,792	558,527	1.653	406,312	674,473	1.66	-68,520	115,946
33 Canaccord	68,500	114,514	1.672	169,919	291,646	1.716	-101,419	177,132
57 Interactive	3,949	6,327	1.602	182,049	293,483	1.612	-178,100	287,156
TOTAL	2,387,774	3,947,064	1.653	2,387,774	3,947,063	1.653	0	-1