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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 > This all goes back
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Comment by cyber37on Jan 17, 2025 12:02pm
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Post# 36409049

RE:RE:RE:RE:RE:RE:RE:RE:This all goes back

RE:RE:RE:RE:RE:RE:RE:RE:This all goes backMoneysworth…..I stand correct; during Thrace development I felt uneasy when I realized that my little position in VLE was larger than Mr. Sean bought with his own capital. I do mean ‘my little’ position because it wasn’t that significant. Having worked in Oil & Gas for ‘few’ years I was captivated by the unorthodox Thrace nature and major partner VLE had. I’m still here after rescuing my position through averaging down at very low price …..so I’m ok.
However, I would like to reiterate my stand; Thrace was overhyped by exuberant promotion; knowledge base was NOT there to handle it and VLE management …including BOD had rather ‘small’ financial commitment in it.
So yes, I like the fact that Mr. Sean has a healthy number of shares now but that wasn’t always the case. 
If the shoe fits .....wear it.
G37

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