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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 > New Press Release - Valeura Energy Inc. Announces Completion of Nong Yao A Infill Drilling
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Comment by CravenMoorehead on Dec 21, 2023 2:25am
The appraisal well was designed to delineate the extent of certain reservoir intervals in the field that are currently not producing.  Results from the appraisal well have exceeded expectations, with the well confirming approximately 50’ of new net oil pay over several intervals.  The Company anticipates this will give rise to between two and four additional development targets, which ...more  
Comment by CravenMoorehead on Dec 21, 2023 2:28am
You guys were right, this management team is god awful.
Comment by Hannamuk on Dec 21, 2023 4:02am
More ideas from former Mubadala G&G models, now onboard VLE, I would say  
Comment by Overertune on Dec 21, 2023 9:07am
I think the biggest advantage is they are in Thailand, people work harder and are more efficient. The projects move really fast.
Comment by Carbonbull on Dec 21, 2023 8:51am
Management thesis proven , there is more years left in the various fields before remediation liabilities need to be trigge red . This has a profound effect on terminal value. New year should see other institutional buyers paying attention , another accretive acquisition (challenge to find, as this one was special) but they are out there as many projects stranded with access to capital very ...more  
Comment by firstworld on Dec 21, 2023 2:26pm
Nothing more than a PR pump on a single hole, with zero substance;  no data, no facts, not even a definition of "succes".   There is no stated production benefit projecrion at all just that, once again have the data to approve further deveopment drilling, Zero noise about production drilling.  There will only be $250M in development drilling infills to keep ...more  
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