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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 > VLE is gaining attention
View:
Post by Overertune on Sep 14, 2023 3:25pm

VLE is gaining attention

Sean had a presentation in Thailand September meeting.  My understanding is the company wants to transit to gas in order to fit the trends of "coal to gas" "clean energy" policies in Asian countries.

Hopefully the company has attracted local institutional investors (based on the volume), and later would obtain more government support (tax, exemptions, infrastructure etc).
Comment by traderlong2 on Sep 15, 2023 8:50am
Sean Has big plans https://www.youtube.com/live/PFR3B4jtxB4?si=LVu6Zhl6DLyH1gFj
Comment by Overertune on Sep 15, 2023 10:47am
Is NG expensive in Thailand?  I am wondering where they get the gas assets.
Comment by BERationale on Sep 15, 2023 5:36pm
Erawan Gas Field owned 40% by Mubadala. https://www.bangkokpost.com/business/general/2485659/erawan-gas-output-to-return-to-normal
Comment by firstworld on Sep 16, 2023 11:24pm
Because they realize the end of life asset they bought in a military dictatorship, and still owe $50M on thanks to high oil price, was a short term poorly performing profit business meant to justify their inflated salaries instead of just closing shop. If he was actually in Asia instead of Singapore utopia he would know Asia only cares to get the cheapest energy they can whether its coal, oil or ...more  
Comment by Suppe11 on Sep 17, 2023 2:32pm
They owe the 50m on a yearly average oil price (dk...>100 ?), so they don't and of course you know it... Thrace? Give it back to Erdogan, just draining money for nothing.
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