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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

TSX:VLE - Post Discussion

Valeura Energy Inc > Win win
View:
Post by Theonewhostocks on Dec 19, 2023 3:04pm

Win win

The location of VLE should prove favorable. They'll get the benefit of the higher oil prices without the cost of rerouting their shipments.
Comment by firstworld on Dec 19, 2023 5:30pm
They have to compete with RU oil that's freely traded in Asia.    As a cottage producer VLE is a price taker and suffering a catastrophic decline of $10 or so bbl. They lost $6M in Q3 on $87 oil. 
Valeura Energy Inc
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