Valeura Energy Share Discussion Threads

[babbler] 18/12/2019 15:53

Bet they regret that sell today though. Patience.

[mister md] 18/12/2019 15:13

"You mentioned your London listing. How has that gone?
Guest: When we came over to London, we knew we were not going to immediately have liquidity. Compared to some other oil and gas companies, we are very liquid in Toronto. And we knew that without having done an equity raise to create new shares for the London market, very few people would take their shares out of our highly liquid market in Toronto and put them into a relatively illiquid one. That said, we are well-placed for London trading to take off, if and when we raise money in the future."

hmmm .....

[mally6] 18/12/2019 11:31

CANT BELIEVE HOW CHEAP THIS IS
whats the story here distressed seller maybe buying here let see where it goes

[iman1974] 18/12/2019 09:49

Spurs and trading stock are 2 of @smallcappicks many twitter accounts so beware.

[mister md] 18/12/2019 09:05

seems some of 'twitter crew' have arrived ?

I'd be careful trying to trade this though as very illiquid (on a 'normal' day there are hardly any trades on the UK market).

Look at trade #2 yesterday: Someone sold 5000 shares and got 28.1p when the spread was 31-34p, easy money for the marketmakers

#2 28.1 5000 31.0 34.0 08:28:48

[flawlesskicks] 18/12/2019 08:50

Number 2 on the top risers board. That should get some people researching and buying in. Such a bargain at this price.

[dave444] 18/12/2019 08:50

12 months high of 207.50 speaks for itself along with the potential for a massive gas play in Thrace!

[dave444] 18/12/2019 08:48

As that video on Bloomberg shows this will fully recover so 60p very short term but over a pound in the next few months

[flawlesskicks] 18/12/2019 08:45

pre - They have also narrowed the spread which should attract buyers. I see 60p+ over the coming days.

[pre] 18/12/2019 08:36

closed around 34p on tsx last night so doing well here.

[dave444] 18/12/2019 08:24

Momentum recovery should continue especially with a director showing confidence to the market by buying

[flawlesskicks] 18/12/2019 08:06

Moving up fast. Bounce to 60p+ on the cards now.

[flawlesskicks] 18/12/2019 06:32

hxxps://www.bnnbloomberg.ca/investing/video/bruce-campbell-discusses-valeura-energy~1599188

[flawlesskicks] 18/12/2019 05:42

Norwegian Equinor (Statoil) focuses on gas exploration in Turkish Thrace

Equinor's partner Canadian company Valeura said on Nov. 13 that its main focus during the third quarter of 2019 was on the stimulation and testing of the İnanli-1 well in Turkey's Thrace Basin, as all four zones produced gas at stabilized rates.

According to Valeura, data from the İnanli-1 well is being analyzed in conjunction with petrophysical and core data acquired during drilling operations to further correlate results and continue refining the forward appraisal program.

Valeura said it is now focusing its attention on building an understanding of the lateral continuity of the play and accordingly has moved test equipment to the Devepınar-1 well, 20 kilometers to the west of İnanli-1.

In 2016, Equinor farmed into an onshore acreage operated by Valeura Energy. The Norwegian firm holds a 50% interest in formations deeper than 2,500 ($100 million US farm-in) meters within the Banarlı and West Thrace licenses. Valeura holds 50% in the deep formations in the Banarlı license and 31.5% in the deep formations in the West Thrace. The remaining 18.5% in West Thrace is held by Pinnacle Turkey. The first deep exploration well, Yamalık-1 in the Banarlı license, was drilled in 2017 and proved a gas and condensate discovery.

[flawlesskicks] 18/12/2019 05:36

The above is us....Lovely.

[flawlesskicks] 18/12/2019 05:33

Turkish Energy Minister...

"Dönmez gave an overview of the work undertaken by the ministry in the first nine months of 2019 and said that Turkey opened 117 oil exploration and production rigs and had drilled 250,000 meters in total.

The result of this was the concentration of exploration, drilling and production in regions of high hydrocarbon potential, which led to the discovery of nearly 3 billion cubic meters of natural gas in the Thrace region.

With this discovery, Dönmez explained that it will be possible to reach 300 million cubic meters of gas production per year to help meet the energy demand of nearly 300,000 households for the next 10 years.

Drilling works will be accelerated in southeastern Anatolia and natural gas reserves in the Eastern Mediterranean also look promising based on preliminary reports, he said."

[flawlesskicks] 18/12/2019 05:24

Lovely close on the TSX at 20% up. This is one to buy and hold. Was £2 a few months ago and have had nothing but good news.Could do 100% here very quickly and would still be very cheap.