Valeura Energy Inc T.VLE

2023 production cycles

[Hannamuk]

Q1 20,475 bbls/day

Q2 22,097

Q3 19,961

Q4 19,165

Seems on par with Mubadala performance

[cyber37]

Stock is back into margin territory (over $3 on TSX) so we may see more volume because of ‘parasitic’ day traders. This should bring more life into it & I hope company can sustain this added attention by moving forward with development drilling in Nong Yao A field & poking into Wassana deep. With lack $3/share is just a start and a good base to grow a healthy share price that reflects true

[Suppe11]

That's btw. the firstworld style. The nunbers are right and don't look very impressive. But it's the short story. The longer story is: Wassana was out for 3 quarters. They drilled the 2 (very important) wells at Wassana and only operated one rig. So these 2 wells were missing at other fields (500-1000 bpd p.a.).

[firstworld]

"Betting" on mid to long term is very riskly in light of that results from a producinbg asset over last 24 months, and the multiple budget, delivery and safety material misses and failures of last 12 months. Besides this, they can't afford the more rigs because advance paymant or LC of $150M +/- per rig is required.  Thats why they dropped the second one planned.  They

[wajac]

firstworld, you wrote the following on Jan 9, 2018. 'I am holding this, not taking a cent of profit,  untill the SP is ridiculously high, gets bought out, or they crash.' VLE crashed and burned in February 2020 when Equinor did not renew their commitment to the Thrace Basin tight gas play. Looks like you lost a lot of money. That's sad and I get no pleasure from your loss

[firstworld]

My avg at that time was 0.45 and I did swing trade muktiple time with 200K of 300K shares  earning enormous profits finally liqidating all  but 100K shares in following two weeks. Yes i did sit on 100M shares since dont need the money and sold all in low 3s with at least 8 swing trades since then on 250K share avg. I know the catostrophic Eqinor departure with zero explaination was