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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

View:
Post by Toppicks1 on Nov 01, 2023 11:16am

4.78

Is my target on this move. New 52 week high on nice volume.
Comment by Stockwizard10 on Nov 01, 2023 1:18pm
8 dollar target by year end .  Company only valued at 1 x revenues. Interesting how they drilled deeper and never found the bottom . Could be years of extra production at wassana. Extra deals being worked , could one of them bits of news be the deep tight gas play . If it is and they strike gold this could take this to mid cap company. It's certainly heading that way .  Why are ...more  
Comment by goldwatch69 on Nov 01, 2023 6:24pm
Heading into $5 instutional territory next week.  US$25 pure after tax free cash flow per bbl  Adding 5000 bopd adds $125,000 free cash flow day, around US$11 million per quarter... times 5 makes it $55 million a quarter for 25000 bold Easily US$200 million free cash flow per year or US$2 a share.  Make that CAD$2.70 fcf per share. Peers trade at twice that at least.    ...more  
Comment by energee on Nov 01, 2023 8:44pm
Momentum is positive. Management is doing their job, based on VLE narative, Wassana likely coming on soon. I applaud the management decision a couple of months ago to replace the Wassana oil vessel contractor who apparently doesn't know port from starboard.  Safe operations are paramount to their business. Ask the airlines if they know that.
Comment by firstworld on Nov 06, 2023 3:57pm
LOL yeah heading to 2.25 fast with 25% production decline on $20M+ mth infill drilling and $2M mth business jeyt and heli services to Singapore  Luxury management hahahaha LOL. No institutional will even gamble on startup with 25% production decline in 9 mths unless subsidized by govt per usual in Canada haha.   
Comment by DirtyHughJass4u on Nov 07, 2023 3:41pm
FW, with respect, why the continued skepticism and negativity? im not sure I've seen a single post from you that offers, even a shred of optimism here...
Comment by goldwatch69 on Nov 07, 2023 3:55pm
This post has been removed in accordance with Community Policy
Comment by firstworld on Nov 07, 2023 5:19pm
I love VLE speculation, volatility and swing trade that have delivered huge profits this year, as well as late 2017 early 2018. I only state the public releases  / facts.     It is very Canadians to name call anyone who states unpleasant facts as a "negative pesimist" - thats why Canada is still in 1980's and regressing with worst and declining productivity out of 60 ...more  
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