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 AucontraireIIon Mar 04, 2023 1:15pm
392 Views
Post# 35319320

Literally nothing

Literally nothing here is making any sense.  You have a first tranche of a private placement being filled to the tune of a few hundred thousand dollars ...which considering the number of consultants, engineers, techs, and high level executives with all of their associated salaries, really isn't much.  Then you have no mention on status of an Ohio "mega" plant, so it's just like it never happened.  In fact, please forget we mentioned it. Then you have a commercial pilot plant which was a ray of hope to be able to produce something, being torn down for the sake of moving it to Nevada, ostensibly to save income taxes and stop corrosion of the magnesium ingots which won't be coming out anymore for a long time.  (Wouldn't it be cheaper to just simply build a small dehumidified storage container or house, but I digress because WDIK).  Add to that hiring consultants to find buyers when they have been saying that the phone is ringing off the hook from people showing interest.  Nothing makes sense to me anyway, literally nothing.  So unless this AGM is a blockbuster of clarification where we all go "oh why you sneaky but glorious so-and-so's, good on you!   You pulled it off!  We're so happy and proud of you we never thought of that pathway. Wow!  Congratulations to us all!  Unless they start giving us information at that level which makes us all quite relieved, this is more and more looking like a ....well, you fill in the blank.
<< Previous
Bullboard Posts
Next >>