Bullboard - Stock Discussion Forum 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... see more

Add To Watchlist

TSX:VLE - Post Discussion

Valeura Energy Inc > FORGETTING permits in TURKIYE??

View:

Post by Canadaturk on Apr 06, 2023 10:17am

FORGETTING permits in TURKIYE??

Valeura energy has 2 or 3 permits that will be expired end of 2023! So they have no choice but to FAKEN drill the wells! So I bet ya any money they will or already have plans for the TURKIYE before end of 2023.. I'm hoping they won't get a partner and drill them 3 wells ourselfs! Or get a partner that is the biggest! SHELL - BRITISH PETROLEUM - ESSO OR whatever.. if we partner up, than min 10 faken wells not 3..

On top of all this Oil and cash coming in, 2023 predictions for me between no less than 7$ to 14$.. haven't sold a single share from 585k shares. Hoping to get another 70k shares before Q1 .. 2023 is looking great already :)

494

Comment

Comment by Kadiddelhopper on Apr 06, 2023 10:51am

Personally, I wish Valeura would exit Turkiye completely. There have been years of Toil,Trouble and Effort ..... and all for nought to this point...

Comment

Comment by DocPat on Apr 06, 2023 8:41pm

I still like Turkiye and particularly the Thrace. One of the toughest and most successful C Suite Engineers (Not with the Company) I know supports the play and is recommending to others. Super conservative guy when it comes to risk exposure. If he can get behind it, that's got my attention. He of course acknowlege the risk, but also sees that Statoil brought it a long way along with their 100 ...more

241

Comment

Comment by firstworld on Apr 06, 2023 10:26pm

VLE sitting on enogh cash to prove tgrace for 5 years. They will not do it without a partner with 100% cost burden, in which csse its needs to be spun off from VLE so they can give 45% or so equity for the $50M speculation. OPM for exploration is SGs #1 rule. Equinor bailed so i dont see anyone stepping up especially when can buy a proven legacy field off shore with tcf ...more

168

Comment

Comment by firstworld on Apr 07, 2023 10:02am

Sadly a glonal majority noc or super majority partner may not get govt approval since they have proven to have zero respect for contracts as witnessed by thier hasty exits and arbitrary deal cancellations while 96% of global ,ajority firms have remained. No one needs dead beat parters. Far better to partner with China or Arabs, who would also like more energy leverage over Europe now that they ...more

138

Comment

Valeura Energy Inc