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 > SG buys another 25,000 shares

<< Previous

Bullboard Posts

Next >>

Comment by cyber37on Jun 15, 2023 4:41pm

225 Views

Post# 35498872

RE:SG buys another 25,000 shares

In the past….Mr. Guest held zero shares that he paid for from his own packet, and now he is buying; very nice. I can see why; theoretically VLE is trading at a substantial discount to norm in the industry. At just over $8000 per flowing barrel VLE is trading well below what is considered a fair value. Acquisitions in oil & gas sector are considered good at $20k, $30k or even higher, so good for you Mr. SG. Share price could easily double & still be at ½ of ‘normal’.
G37

<< Previous

Bullboard Posts

Next >>

First Helium advances winter drilling program with Leduc Anomaly test well