Valeura Energy Inc T.VLE

the timeline to fix platform

[Carbonbull]

Is largely irrelevant to the terminal value of VLE locked in proven reserves, keep in mind that infill drilling in two fields are replenishing depletion plus adding to reserves . No one knows for sure the ultimate recovery potential of the combined fields , my guess based on close to forty years in the industry , is that these fields will be producing for at least the next 15 years.

The point being thta whether its 3 months or a year to get W back on line is only a rounding error for the PV of current and expected future proven reserves ....liken this to a gold mine which is nuggety ....cant define the indicated but you sure can make a lot of money with a can do attitude ...

good luck to all as always only my opinion not investment advice

[Overertune]

They are working on another acquisition right now and plan to reach 100k/d by 2026.

[firstworld]

Not a rounding ereor when tax net is $8 bbl.at 87 bbl.  They have been treading water as it is. They are losing big money now with wassana down,  and will deplete all cash for repairs and compensatory infills. Casino time!  Must be a serious problem if no Thia eng will.stamp OK.on 4k bbl.day!! I.like how they bundle the bad news with bragging about current cash with no mention of

[tuayai]

Once again, First-Turd is proven wrong.  He's becoming increasingly delusional the longer he sits in his Mother's basement. 

[cyber37]

Not true, the shut-in production = lost production (almost) because it can only be recovered at the end of life cycle & it has monumental impact on NPV. However, company like VLE has substantial other production on stream that can cushion this impact plus I believe they are also still looking for another acquisition & additional revenue. With one more acquisition let us repeat bump in

[Carbonbull]

given the outcome it has approx a 10 million dollar pv impact against a teminal value of 1.5 billion assuming continued replacement of reserves thru infill drilling .