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 > Plug Leaks

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Post by firstworldon Sep 18, 2023 5:48pm

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Post# 35642340

Plug Leaks

Obviously VLE is leaking privlidged info like crazy based upon the high volumes and SP increase on no news.

If this was traded in Singapore the entire mgmt team would be in prison while investigators comb through personal and corp devices. They just arrested a bunch of white collar criminals in the last days....in prison pending investigation.

Regardless a nice lift on great Wassana news that will take some years to monetize at least the clean up costs are certainly deferred for quite a few years.

Still looking like a redneck Canadian op with rampant criminali insider trading that's never prosecuted in backwater Canada LOL.

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