Valeura Energy Inc T.VLE

Seven weeks

[goldwatch69]

Last deal was settled in seven weeks.  Expect this deal to settle by end of month to mid February.

Sean Guest, President and CEO of Valeura commented:

"I am delighted to complete our acquisition of these Gulf of Thailand assets within just seven weeks of agreeing to the deal, and we look forward to building relationships with our new partners and regulators as we establish our operating credentials in Thailand. I am also pleased to welcome approximately 30 staff to the Valeura team, as we begin the process of integrating this highly capable Thailand-based operating unit with our business."

[Hannamuk]

Before mid February is noted!!!  

[SMlachake]

Let's hope you are right goldwatch69. The sooner the better. 

[cyber37]

I don’t expect this acquisition to have the same effect as Thrace basin had in 3 month in 2017/18 when it went from $0.65 to $8/share ……before it slowly fizzled. I didn’t sell then so even though this is a different type of drive/potential it is unlikely I’m going to sell at $3 or $4 now. With a credible plan of action to sustain production levels & stop natural decline of these aging fields

[traderlong2]

Cyber 37 what price if they add in a deal on the thrace deeps ? I think Sean uses cash flow to continue to grow BOPD He seemed very smirky in his last video he is at the age and point in his career this is his time to build a super star oil and gas company buying blocks on the market is extremly bullish I had faith over the last several years (with lots of frustrations along the way ) but have

[cyber37]

Since VLE prior to this deal was trading below cash value, market things that Thrace deep is a liability. I still like Thrace but without big national partner Valeura has no muscles (expertise) to tackle this. Mr. Sean maybe a clever negotiator or deal maker but he is no oil men. However, having extra cash maybe easier at the negotiation table.      G37

[justasmuck]

Dude Sean breathes and shitz oil. read his bio before you comment

[SMlachake]

Sometimes, you just have to give some posters kudos for boldness in ignorance. Just the other day they were calling SG all sorta names. Now he is no oilman and apparently, Thrace is a liability, with 19tcf of gas potential. Meanwhile, VLE sets a new hight today.