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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

Post by Carbonbullon Dec 12, 2024 9:22am
123 Views
Post# 36358555

taking half profits from a very undervalued name

taking half profits from a very undervalued name It is hard to do when you know the degree of value yet to be discovered , however years of experience has hammered into me the immortal words  "you never go broke taking a profit". I believe 2025 will see a rerate and assesment of oil value to the upside as such there are good profits to be made in some of the big caps which can be purchased with more margin capacity with less risk of a liquidity squeeze which we have experienced in this name.  Good luck to all and have a great new year !!!
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