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

Sign In

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

or

Please Try Again {{ error }}

Send my password

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

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

Post by traderlong2on Jan 18, 2023 8:56am
202 Views
Post# 35230118

Last Raise 2018

Last Raise 2018
I Posted this awhile back
but for any newbies
SG does not appear to need any equity raise at this time
Here is the last raise by VLE and the cash that allowed him to pull off these deals in 2022
they just had turkey at that time

VALEURA ANNOUNCES INCREASE TO PREVIOUSLY ANNOUNCED BOUGHT DEAL FINANCING TO $60 MILLION

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

 

Press Release – February 8, 2018

Valeura Energy Inc. (“Valeura” or the “Corporation”) (TSX: VLE) is pleased to announce that, in connection with its previously announced bought deal financing, Valeura and the syndicate of underwriters led by GMP FirstEnergy and including Cormark Securities Inc. (collectively, the “Underwriters”), have agreed to increase the size of the financing (the “Offering”). Valeura will now issue 10,527,000 common shares at $5.70 per common share for aggregate gross proceeds of approximately $60 million.

The Corporation expects to use the net proceeds of the Offering to fund the continued appraisal of its basin-centered gas play in Turkey and for general corporate purposes.

The Offering will be made in each of the provinces of Canada, except Quebec, by way of short form prospectus. The Offering is scheduled to close on or about March 1, 2018.


 

<< Previous
Bullboard Posts
Next >>