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.

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Valeura Energy Inc > Brent weak again

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Comment by cyber37on Sep 03, 2024 3:35pm

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Post# 36206743

RE:Brent weak again

It appears that market is just waiting & coasting aimlessly for results of the election in US. Feds are also holding off any rates adjustment (lowering) until election; so until then I would not expect anything major to happen with this stock or even market.
More sellout yes; since indexes are all at record high but that IMHO is only a chance to buy value. With over 5% slide VLE is leading the slide just as it was heading the rise but IMHO this is only a short term 'fallow the market' trend since the value is still there.
G37

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