Valeura Energy Inc T.VLE

Unlocking Asset Value

[nozzpack]

As most astute investors would know , when two or more assets are owned by the same company, the market will give these assets a discounted value.

That is, the composite value is less than the sum of the value of the  individual assets.

There will be substantial  Growth opportunities starting in 2023 through access to an additional aggregate 13.3 mmboe of 2C contingent unrisked resources including 5.0 mmbbls of oil at the undeveloped Rossukon oil field.

Indivdually, there is significant variability in the absolute prospectivity of  parts of this field .

Of course, being the operator, the assembled team in the SPA will assume the overall responsibility.

But, one could foresee that the field could be more quickly brought to production by focussing on the more intensely drilled areas.

This might leave opportunities for VLE to spin out a portion of Rossukan field to be explored and developed by a new listed NewCo , with VLE retaining , say, 30% WI, and the rest on a Prorata basis to VLE shareholders.

Just a thought.....

This would not only unlock the value of Rossukan resources but also bring the entire field to full production

[Lifesgood]

I hope this share price stays between 50 to 60 cents till AGM. that's all I want .. another 2 weeks it is going to be very very interesting for the management and myself .. never been this excited :) seems like over 10 000 000 shares going for NO to THIS OVERPAID MANAGEMENT.  Everyone deserves what they get ... Good or Bad..  glta 

[Chincy1]

Lifesgood, your reverse psychology tactic will definitely have mngt wanting to put out news for you next week lol. 

[Lifesgood]

I really do believe they got nothing .. I'm pretty sure a lot of us here feel the same way . SAD SAD STATE CONTINUES.. 

[nozzpack]

Insofar as I know from recent contacts, everything is on schedule in time for the June 23 AGM..