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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 Apr 18, 2023 9:47pm
130 Views
Post# 35402114

RE:Firstworld working full time

RE:Firstworld working full time LOL have never shorted anything other than play a down ga e with VIX thats been incredible bit very risky.

Do margin or borrowed fund for equities casino either.

Have owned shares since 2012.  Now have over 1.2M avg cost .94.

If they promised a div in 10 mths id be thrilled but SG stated no div unless their growth initiatives FAIL in which case the BoD would consider one......could be years given it took them 5 years aftet  thrace equinor failure.

I agree it was a masterful deal even though we did get diluted twice after " no dilution"... its almost blatent fraud. I guess $10M was for the deal makers and likely for rebzte to muba folks signing off.

I have no use for the money anyway as i wait for bottom to drop out of the various bubbles....can only sponsor so many Canadia  families with barely enough to eat.


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