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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 > Let's hope it doesn't sink
View:
Post by firstworld on Aug 02, 2024 10:21am

Let's hope it doesn't sink

Knowing how Canadians operate I took a 40K share gamble that they would use damaged equipment to get a desperately needed restart to delay bankruptcy, knowing they could not afford the production loss any longer.

If that thing breaks in a storm and sinks VLE will be out of business.

Will dump all soon.
Comment by cyber37 on Aug 02, 2024 11:10am
You are right 1stw, nothing better than investing in Canadian company like Valeura that operates with integrity and in accordance with high safety standards developed & practiced in that country. I have seen firsthand alternative operations in places like Venezuela, Cuba & was involved in oil and gas projects in China and Russia….all were nothing short of criminal disregard for environment ...more  
Comment by Eoj123 on Aug 02, 2024 11:24am
I have him on ignore. Apparently he doesn't get tired of making a fool of himself
Comment by cyber37 on Aug 03, 2024 2:25pm
Well, his ignorance about oil & gas industry together with persistent negative voicing again civilized democracies like Canada points to his muddy communist background (communist China or perhaps even soviet russia). Yes, he is not worth taking any time talking about it but I do find him amusing and entertaining in a dark sort of way. So I like to have him on ….like a pet monkey. Looking ...more  
Comment by firstworld on Aug 03, 2024 2:44pm
LoL that's why they are operating with a cracking vessel that could fail and sink at any moment ina storm or if hit again by another vessel. Safety first. I presume you are referring to the Democratic Canada where nothing is passed into law without the Queens Agreement ( not elected) via Govoner General haha. Must be the fact Canada is the worst performing economy with worst productivity and ...more