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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 Sep 30, 2023 2:42pm
142 Views
Post# 35663402

RE:New 52

RE:New 52
Toppicks1 wrote: Week high gets a lot of attention from not only momentum trader but from long term investors. That and at the rate of increase is just outstanding. On August 29th it closed at 2.09.  Yesterday 3.44 that's a 65% increase in a month.  Big money players are watching you can bet. As the volume the last 4 days in continuing to increase. I expect more volume to pick up and we will see larger moves coming soon. As I 50 or 60 cent days coming.  Enjoy.

They also see by looking at releases, in a mere 6 months

- two 35-50% price crashes

- two dilution 20% weeks after " non dilutive" by CEO

- multi month late muba closing

- multi month late storage delivery for loss of $220M production revenue 

- two accidents for production revenue loss of $25M

- $15-25M blown on moving several tier4 c suite to Singapore incl free luxury apts, business jets, helicopters, private schools, Mercedes w drivers, ad $4K mth per person expat healthcare plus $140K cash moving allowance payments per normal Signapore expat tier 1 csuite relocation.

If anything it will terrify investors and scare ultra high risk speculators like myself, especially when viewed in the contect of 5 year VLE time frame where they sold turkey gas shallows for .10 on the appraised dollar to newco offsgore with hidden SH and proxy directors after the collosal Turkey failure and SP crash from 7 to .35.



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