Valeura Energy Inc T.VLE

.80/1.60/2.00 or .30

[AndyPap]

What's the upside?
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Likely:
1. Announce approval of sale of Turkish assets. +30% to .80 range
2. Announce merger subject to due diligence. +50% / +100% to 1.60 range.
3. Commodity/Oil premium: +20% to 2.00 range
UnLikely:
4. Partner for deep drilling. +100% to 3.00
Unlikely Surprise:
No progress:
5. Failure to close on anything -50% to .30 range
Comments?

[DocPat]

All of this just my speculation but .. Agreed, with the 0.30 - 0.60 bump on the closing of the sale of assets. But now there is a bunch of free cash and with leverage we could manage a $150MM acquisition. It is painful to wait, but the acquisition needs to be a company maker. Not just production, but with upside like they had with Verenex. Once this is in the bag and with some early success in

[AndyPap]

I like your speculations better.

[Shell2020]

He, he good you claim that 75% water in the long term tests is not the problem! Should be easy easy to get a new partner..

[copperplay]

  any idea which companies they are looking at to acquire?  Canadian or American?  Oil assets with Brent or Western Canadian Oil? after the bloodbath last year lots of undervalued companies out there and consolidation coming 

[Shell2020]

Pricing of energy companies has increased by oil price increase since Sean sold their assets with discount, Increase in price is 70/40, that is 75%! Thes 5 months delay is very unfortunate 

[AndyPap]

I agree if Sean does not make an announcement on the 25th it. Will be disappointing.