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 > Seriously undervalued

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Post by wajacon May 01, 2023 10:37am

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Post# 35422722

Seriously undervalued

Using the following companies as bench marks VLE is seriously undervalued. The reason, I believe, is that the broader market is unaware of the growth of the company over the past 18 months. Google VLE's profile and the only information is related to the Thrace Basin in Turkey. For example Stockhouse's profile only contains information on Thrace.

Surge Energy
22000 bls a day
Closing price Friday, $8.77
52 week range 7.13 - 13.68

Cardinal Energy
22000 bls a day
Closing price Friday $7.30
52 week range 6.26 - 9.96

Bonterra Energy
13500 bls a day
Closing price Friday $6.67
52 week range 5.43 - 13.75

When the broader market catches on the stock will move up.

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