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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 BERationaleon Oct 04, 2023 2:01pm
242 Views
Post# 35669502

RE:RE:RE:RE:Some media attention…

RE:RE:RE:RE:Some media attention…Sounds like a good strategy - don't rely on cash flow fundamentals... wait and see and once you have the information press released from the company, pray the market hasn't already responded as is the case in an efficient market.  So just a coincidence that oil is down $5/bbl today which equates to approx C$30mm in additional cash flow for VLE - hmmm the stock is down $0.30 or 1x cash flow... zero coorelation though and all just speculation. Not trying to just dig at you but let's BE Rationale here.
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