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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 > Going Forward
View:
Post by energee on Apr 25, 2023 8:47pm

Going Forward

Plenty of negatives from certain posters. Bring it on for a read, then ignore them.

The facts are the Company has a competent, trustworthy management.  Some, but not all, of the assets are in later life, but have signifcant ability to CONVERT proven non-producing reserves to PRODUCING reserves by drilling/recompleting wells within the proven reserves category.  7 wells were either drilled or recompleted in Q1 2023 is exactly the right stuff, and very logical. That is upside that they will report results on in 2023.

SG is experienced in the region and did not fall into this opportunity. They pursued it, got it for Ab value, for reasons that the market will figure out soon. Great deal.  Long here.
Comment by firstworld on Apr 26, 2023 10:31am
LMFAO "No dilution"   to two dilutions weeks later.  Nothing breaks the trust faster than screwimg SH over.  Fraud if there ever was one haha. "No Div" SH expect the earn money when in cash cow... breaks the turst to builld empire.  Deceptio  or incompetence. Wassan start months late....breaks the tust that delivers as said would deliver ...more  
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