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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...
field) and G11/48 (Nong Yao field). It holds a 100% operating interest in license B5/27 containing the producing Jasmine and Ban Yen oil fields. It holds an operated 70% working interest in license G1/48 containing the Manora oil field, which produces approximately 2,935 barrels per day (bbls/d) of medium-weight sweet crude oil. The Company holds interests ranging from 63% through 100% in various leases and licenses in the Thrace basin. The Company also operates Floating Storage and Offloading (FSO) vessel Aurora, location at Nong Yao field, offshore Gulf of Thailand.
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TSX:VLE - Post Discussion
Valeura Energy Inc
> Under $4
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•••
Bigpond
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Post by
Bigpond
on Feb 28, 2024 12:08pm
Under $4
Someone has worked too hard in last few trading sessions to bring this stock under $4.00 and finally they managed to execute
(122)
•••
Gringotts
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Comment by
Gringotts
on Feb 28, 2024 1:18pm
I don't think this drop is a big concern. I believe it is technical. A small gap exists - it looks like it is just being filled. $3.90 will hopefully be the bottom. Unfortunatly, VLE may be range bound for a little while, at least until we get close to year end results in mid-March. I strongely believe the good days will far out number the bad regarding VLE's share price. 2024 will
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