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Bullboard - Stock Discussion Forum 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... see more

TSX:VLE - Post Discussion

Valeura Energy Inc > Stay positive..
View:
Post by Fairshare on Nov 02, 2021 1:13pm

Stay positive..

lm gonna stay positive / stay away from this site.. positive people are pretty much long long share holders... Rest is negative and i believe they have every single right to be that way.. Im glad I have never needed the money I have invested in to the valeura energy .. Im looking at .82 cents / share to be even... I hope 2022 will be good for everyone! My expectation is around 2.25 by feb 20th 2022..
Comment by Lifesgood on Nov 02, 2021 6:38pm
stay positive ?? I purchased 10k shares at .52 today and I'm already down .01 lol .. Has Valeura Energy Inc. Been A Good Investment? Few Valeura Energy Inc. shareholders would feel satisfied with the return of -91% over three years. So shareholders would probably want the company to be less generous with CEO compensation. Glta
Comment by DocPat on Nov 02, 2021 6:50pm
Good day Fairshare .. I too have been with VLE for a very long time and remain bullish. Finding great opportunities isn't easy, but the managment and directors, past and present have a history of finding and developing company makers. Your pick for February is interesting? For me it seems the torque on VLE still has the potential to be huge and if/as and when they get the acquisition and/or ...more  
Comment by Lifesgood on Nov 03, 2021 1:17am
Hey Doc, I was just going by some previous comments that share holders had made.. Just wanna hear your Opinion on something here.. Do you think valeura has found partner already or waiting on energy assembly UK, like someone else mentioned earlier.. (can't remember who made that comment) Thanks
Comment by DocPat on Nov 03, 2021 1:36pm
Hello Lifesgood .. I see you said you bought 10,000 shares at 0.52 and you are concerned that it went to 0.51? And then took the opportunity to slag off the management and company? Do you think this is in any way productive? And if you are concerned with a one penny shift on a speculative stock like VLE are you sure this is really for you? I have no idea if they have a deal in hand, a deal ...more  
Comment by whothe on Nov 04, 2021 10:09am
Based on what ?
Comment by DocPat on Nov 04, 2021 3:52pm
Hello Whothe, Who the heck are you? Trustfully not another troll here to bash VLE just for giggles. To answer your question,  Stay positive,"based on what" please read my posts, but in brief, $US40,000,000.00 in the bank, royalty from divested production to help cover G&A, trading at below cash, a truly huge land package with 3-D Seismic coverage over a ton of it, $100,000,000 ...more  
Comment by Hannamuk on Nov 04, 2021 4:11pm
Statoil was not drilling for science. 9 wells was already drilled on the play, some even fracked. Statoil flowed wells for commercial rates, but water saturation is to high according to Equinor. Study Devepinar long term test last year 
Comment by DocPat on Nov 04, 2021 4:42pm
When you spend $US100,000,000.00 drilling 3 - 4 wells it is without doubt a science project. As I have said in provious posts a super major like Statoil needs a certain size of project or they cannot afford to proceed. All of the wells to date have been on the periphery including the wells drilled by Statoil. It seems to me that Statoil needed the field to have its full length and bredth to ...more  
Comment by Hannamuk on Nov 04, 2021 4:58pm
Equinor is in Argentina and Russia fracking on much smaller volumes than you mention. Hanoglu and Devepinar are quite similar: Ok porosity + dry gas + fractures Let us see which company is competent, Equinor or Valeura:-)) Easy for Valeura to use 25% of cash to flow their best guess!
Comment by DocPat on Nov 04, 2021 5:24pm
Hey, I take your point, Statoil has the pick of the cream of the cream .. opportunities that other non-super majors simply do not have access to .. But to that end, I think you are making my point, that Statoil had other opportunities that they preferred to persue, be it for size, how developed the opportunity, jurisdiction, geographical region etc., etc. leaving the VLE deeps to be exploited by ...more  
Comment by Hannamuk on Nov 04, 2021 5:29pm
If they achieve sustainable rates In Hanoglu partnerships with capitalizied majors are the least problem:-))
Comment by DocPat on Nov 04, 2021 7:12pm
Absolutely!!! All the more reason for a junior-major or a group of junior majors to come in and grab the low hanging fruit!! :) Sean Guest who has his Phd in geology has what seems to be a very good target in the dry gas window structurally deeper. More depth, more pressure so if they are right this thing should come at them like gangbusters! There is also following the fracturing in the dry gas ...more  
Comment by whothe on Nov 05, 2021 9:49am
I was asking the new person 'Fairshare' what he/she is basing their share price on - not you - I have been here for a while - I have read all your posts, don't need to reread them.  Call me what you want but it is bullshit the amount of time it has taken to get nowhere other than selling an asset that could be paying their salaries right now instead of them having to keep ...more  
Comment by CravenMoorehead on Nov 05, 2021 12:08pm
I also see no reason why this management team would be paid a bonus until the actually do something, attempylting to do something doesn't count. Bonus's get paid to reward accomplishments. To you point Doc, I think it's a bad thing that Equinor is out of the picture. We can't drill the deeps with out a partner's investment $$, that partner was Equinor. They are gone and we are ...more  
Comment by theSwede99 on Nov 07, 2021 1:47pm
Equinor didn't want to embrace the science project that is the deep Thrace and being state controlled was probably too conservative a choice as a partner (see recent ESG mandates).  Further to that, Valeura needs a partner with some geopolitical fortitude or some familiarity with operating in the region.
Comment by Hannamuk on Nov 07, 2021 3:07pm
Equinor is fracking and flowing oil in Russia and Argentina, no ESG problems!
Comment by nozzpack on Nov 07, 2021 5:37pm
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