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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 Jan 18, 2024 10:07pm
140 Views
Post# 35835184

RE:RE:RE:RE:2023 production cycles

RE:RE:RE:RE:2023 production cycles
wajac wrote: firstworld, you wrote the following on Jan 9, 2018.

'I am holding this, not taking a cent of profit,  untill the SP is ridiculously high, gets bought out, or they crash.'

VLE crashed and burned in February 2020 when Equinor did not renew their
commitment to the Thrace Basin tight gas play. Looks like you lost a lot of money.
That's sad and I get no pleasure from your loss. However your loss is not the fault 
of VLE management as you made the decision to invest. You also perhaps put all
your aggs in one basket.




My avg at that time was 0.45 and I did swing trade muktiple time with 200K of 300K shares  earning enormous profits finally liqidating all  but 100K shares in following two weeks. Yes i did sit on 100M shares since dont need the money and sold all in low 3s with at least 8 swing trades since then on 250K share avg.

I know the catostrophic Eqinor departure with zero explaination was mainly down to ethical and reputatuonal degradation on VLE part thats why no one has touched them since then. 

They are blacklisted with huge "Another Canadian Mining Scam" baggage in the firstworld where even a blemish is the end for you.

IN 3RD WORLD canada with running water their ethical and delivery standards are views as top notch per this forum lol.

Asia and the Thia military junta commercial arm backed by, and in entetprise scale black market collaboration with Burma (per 2023 Global Organized Crime Report) its the perfect setting for them from afar  in Six Star Singapore.

I love VLE stock!  Swing trades so predicatble and so profitable.

Anyone thinking thisnis an investment needs to know its an ultra high risk gamble at best and a total scam at worst just play with what you can lose.
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