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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 > No dividends
View:
Post by Carbonbull on Aug 06, 2023 12:25pm

No dividends

Top three tasks for management :

1) get a handle on PDP reerves by drilling infills which adds to the value by NS 2023 at a minimum should be north of 200 million USD
2) increase proven undeveloped plus probable 
3) prove to the market through executive hires that the company has the remediation expertise to handle its liabilities.


If this is accomplished stock shoul triple.
Comment by firstworld on Aug 06, 2023 12:46pm
Or outsource remediation to experts like they do with everything else while expanding infill drilling (oh wait they lost one of two rigs and only backup) with 80% of net profits distributed to SH every month to see a USD 9 SP overnight.
Comment by Suppe11 on Aug 07, 2023 7:15am
4) Get the reorganization done, to use the taxpools in full.
Comment by Carbonbull on Aug 07, 2023 10:33am
agreed I missed that one thank you
Comment by windymayor1 on Aug 08, 2023 10:09am
Would love to see a new acquisition about now too. 
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