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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 RockLobster1on Jun 28, 2024 9:19am
144 Views
Post# 36110460

RE:RE:RE:RE:Just my opinion

RE:RE:RE:RE:Just my opinion
moneysworth wrote: Ahhh, not sure your point? Honestly don't think McFarland, who cashed some of his cheap options in from years ago, knew about any issues at the Wassana field. If indeed insiders were acting on that information, there would have been a huge run to sell by most of them.

And, "they never cared when the stock was at .39"??? Why did they have to, as they've taken the stock up well over 10 times that in just a few short years. Some folks just like to complain, and in the case of our own village idiot FW, he just continues to make stuff up as he goes. Not really sure how he can look himself in the mirror. :( 

Good points... Overall we've had huge success the last 18 months... I don't get many 10x stocks.   

This work has huge risks and we just got hit with one... But that's why there's also huge rewards.  It's unfortunate but the reason I slowly sell some on the way up too early. 

Looks like more patience will be needed but price targets are still 9 to 12 bucks...
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