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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 Mar 07, 2024 2:59pm
118 Views
Post# 35921138

RE:RE:RE:RE:RE:SP Crashing!!!

RE:RE:RE:RE:RE:SP Crashing!!!
bullhorn3 wrote: BTW, in case you hadn't noticed, firstworld previously devoted his attention to ATH, prophesying disaster for it in every single post. Now he has transferred all of his mighty analytical ability to VLE. If you look at the SP trend for ATH, his doom scenario not only never happened, but ATH continued its extraordinary SP climb. Let us now hope that firstworld is a good luck charm that similarly benefits VLE... just don't believe anything he says.


Hahaha I did make .90 share on a three week swing trade weeks ago, after at leat 8 very profitable swing trades in last year.

Yes I missed another .90 but I rather miss .90 than take a .90 hhit on 200K shares. 

Lets see what they report for Q4 and YE 2023 and SP afterwards.   The last two update releases reek of pumping.  

If the mgmt would have moved to garden City CN, 45 min from Singapore, closer to Thailand, instead of 6star expat packages for a startup with 12 years of failure behind them I would believe there is some integrity, but then again, multiple fails in last 14 mths from multi month late deal closing, 20% SH dilution only weeks after SG "non dilutive transaction",  two major accidents shutting down production, multi month late vessel delivery, multiple production outages, and decling production on $300M opex in a market with abundent services, labor and materials costing 40% less than canada or USA, unlike Canada that is like 3rd world with perpetual shortages of everything incl half intelligent people  LOL.

Dump now if didnt dump at 4.30!!
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