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 > MESSAGE FOR VALEURA'S BOARD OF DIRECTORS

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Comment by cyber37on Jun 25, 2024 3:08pm

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Post# 36105585

RE:RE:RE:RE:RE:MESSAGE FOR VALEURA'S BOARD OF DIRECTORS

It appears that every major cross sets the price for the bottom in a short term trend….like the recent BMO Nesbit done at $4.7/share. Hope market can bounce from this level & VLE growth can support yet another up leg…..like I said one can only hope. There is this saying however “sell in May & go away “ still life goes on through the summer too plus it is a different cycle in Thailand so maybe this is just a chance to add few shares.
Well, I’m fine with my humble position in VLE & only wish company management wouldn’t have to sell those ‘sweet’ options all at once; show some faith....eh.
G37

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