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Share Name Share Symbol Market Type Share ISIN Share Description
Valeura Energy Inc LSE:VLU London Ordinary Share CA9191444020 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 25.50 24.00 27.00 25.50 25.50 25.50 103,322 07:35:53
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 7.9 -3.3 -4.5 - 22

Valeura Energy Share Discussion Threads

Showing 151 to 172 of 250 messages
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DateSubjectAuthorDiscuss
15/1/2020
07:14
Valeura Energy Inc. VALEURA ENERGY TRADING UPDATESource: UK Regulatory (RNS & others)TIDMVLURNS Number : 8091ZValeura Energy Inc.15 January 2020VALEURA ENERGY TRADING UPDATECalgary, January 15, 2020: Valeura Energy Inc. (TSX:VLE, LSE:VLU) ("Valeura" or the "Company"), the upstream natural gas producer focused on appraising and developing an unconventional gas accumulation play in the Thrace Basin of Turkey, provides a trading update for the year ended December 31, 2019. This is in advance of the Company's full financial and operating results due to be announced on March 12, 2020.Balance sheetAs of December 31, 2019, the Company was in a strong financial position, with a net working capital surplus of approximately US$37 million (CDN$48 million).ProductionFourth quarter 2019 production averaged 646 boe/d, comprised of gas produced from the Company's ongoing conventional programme. This is an increase of 22% over the prior quarter, and a demonstration of how the Company's shallow gas work programme of well workovers and recompletions can offset natural declines.Valeura's shallow gas play provides a reliable stream of production and cash flow. Price realisations were relatively stable throughout 2019, averaging US$7.40/Mcf (CDN$9.82/Mcf) in Q4 2019. Revenues increased in Q4 2019 due to a combination of higher production and gas prices, and were more than sufficient to cover the operating costs and all of the G&A costs of the Company.Deep gas appraisalValeura remains encouraged by the potential for its deep gas play. Every deep well stimulation to date in the Thrace basin has successfully resulted in gas flowing to surface. Technical evaluation and reservoir modelling work is ongoing with joint venture partners incorporating all of the new data acquired through the recent drilling and the testing operations. This work is expected to extend through the next one to two months and will be used to define the forward appraisal programme for the deep play in 2020. The Company expects to communicate its 2020 work programme and capital expenditure outlook later in Q1.For further information please contact: Valeura Energy Inc. (General and Investor Enquiries) +1 403 237 7102 Sean Guest, President and CEOHeather Campbell, CFORobin Martin, Investor Relations ManagerContact@valeuraenergy.com, IR@valeuraenergy.com Canaccord Genuity Limited (Corporate Broker) +44 (0) 20 7523 8000 Henry Fitzgerald-O'Connor, James Asensio CAMARCO (Public Relations, Media Adviser) +44 (0) 20 3757 4980 Owen Roberts, Monique Perks, Billy CleggValeura@camarco.co.ukOil and Gas AdvisoriesForward-Looking Statements and Cautionary StatementsThis news release contains certain forward-looking statements and information (collectively referred to herein as "forward-looking information") including, but not limited to: the Company's timing to complete the technical evaluation of the deep gas play appraisal to date with partners and to communicate its 2020 work programme and capital expenditure outlook for 2020.Forward-looking information typically contains statements with words such as "anticipate", estimate", "expect", "target", "potential", "could", "should", "would" or similar words suggesting future outcomes. The Company cautions readers and prospective investors in the Company's securities to not place undue reliance on forward-looking information, as by its nature, it is based on current expectations regarding future events that involve a number of assumptions, inherent risks and uncertainties, which could cause actual results to differ materially from those anticipated by the Company.Forward-looking information is based on management's current expectations and assumptions regarding, among other things: continued political stability of the areas in which the Company is operating; continued safety of operations and ability to proceed in a timely manner; continued operations of and approvals forthcoming from the Turkish government and regulators in a manner consistent with past conduct; future seismic and drilling activity on the expected timelines; the continued favourable pricing and operating netbacks in Turkey; future production rates and associated operating netbacks and cash flow; decline rates; future sources of funding; future economic conditions; future currency exchange rates; the ability to meet drilling deadlines and other requirements under licenses and leases; and the Company's continued ability to obtain and retain qualified staff and equipment in a timely and cost efficient manner. In addition, the Company's work programmes, including the future work programmes and budgets are in part based upon expected agreement among joint venture partners and support of associated exploration, development and marketing plans, and anticipated costs and sales prices, which are subject to change based on, among other things, the actual results of drilling and related activity, availability of drilling, reservoir stimulation and other specialised oilfield equipment and service providers, changes in partners' plans and unexpected delays and changes in market conditions. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.Forward-looking information involves significant known and unknown risks and uncertainties. Exploration, appraisal, and development of oil and natural gas reserves are speculative activities and involve a degree of risk. A number of factors could cause actual results to differ materially from those anticipated by the Company including, but not limited to: uncertainty regarding ultimate joint partner decisions regarding the future work programmes; the risks of currency fluctuations; changes in gas prices and netbacks in Turkey; uncertainty regarding the contemplated timelines and costs for the deep evaluation; the risks of disruption to operations and access to worksites, threats to security and safety of personnel and potential property damage related to political issues or civil unrest in Turkey; potential changes in laws and regulations, the uncertainty regarding government and other approvals; counterparty risk; risks associated with weather delays and natural disasters; and the risk associated with international activity. The forward-looking information included in this news release is expressly qualified in its entirety by this cautionary statement. The forward-looking information included herein is made as of the date hereof and Valeura assumes no obligation to update or revise any forward-looking information to reflect new events or circumstances, except as required by law. See the AIF for a detailed discussion of the risk factors.This announcement does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, including where such offer would be unlawful. This announcement is not for distribution or release, directly or indirectly, in or into the United States, Ireland, the Republic of South Africa or Japan or any other jurisdiction in which its publication or distribution would be unlawful.Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release.This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDTSTGPUUUGUPUPWC(END) Dow Jones NewswiresJanuary 15, 2020 02:00 ET (07:00 GMT)
dave444
15/1/2020
07:14
dave444 - All looking very good. No talk of Equinor backing out of the project - just talk of when they are all going to do next! BOOM. At it's peak - VLU was trading at over $10. Only 87 million shares in issue.
flawlesskicks
15/1/2020
07:12
RNS is dated today so should send TSX dramatically up when it opens this afternoon!
dave444
15/1/2020
07:11
RNS out - all looking good!
dave444
14/1/2020
22:13
I just noticed that. The word is that EQI is meeting with VLU shortly to go over the forward plan. Should see some real momentum from here imo.
flawlesskicks
14/1/2020
21:26
7.5% gain on TSX to 57c!
dave444
14/1/2020
07:18
https://twitter.com/laptop1515/status/1216980895174922241?s=19
laptop15
13/1/2020
11:34
Calm before the storm here! I've had a chat with a few Canadians over on TSX and they are now buying...bottom is in as far as they are concerned so just waiting for the bounce higher...trading less than cash can't last long.
flawlesskicks
13/1/2020
06:14
Baillie Gifford (Tesla's major ii)fully backs VLU with 17% shares held through Institution and funds. A big hitter showing full support for project - bought a private placing at over $5/share($60 million)and have held. They see value far above this. Strong buy.
flawlesskicks
12/1/2020
17:20
I far prefer VLU at 30p area from £2! Most important thing is cash in the bank...check - that removes the dilution risk. Then the next important thing is growing production...check. Then signs that the management think the bottom is in (share purchases)...check..finally is a blue-sky asset we can appraise with a big backer...check... This has all the ingredients for an explosive 2020! Roll on the positive news!
flawlesskicks
12/1/2020
16:16
One of the share for 2020 is going to be PHE news in the acquisition of its development partner W2T should be our ans there will be more news from the contracts with Peel plus maybe other news. Planning application and funding for the first plant will be settled shortly planning early Feb it will be a show in as the Protos site already has outlining planning application for a bigger waste to energy plant. Really does have the potential to grow into a seriously big company from sub £30 million Get on below 1p.
whatsthepoint
12/1/2020
15:20
papers’ share tipsters picked for 2020 HTTP://t.co/KKqpoufkc5 #PANR #MILA #GMR #ECO #MKA #MNRG #AAOG #UKOG #BIDS #PET #RGM #UJO #AMC #TRX #KEFI #NFX #ORCP #NCCL #RRE #RBD #UOG #MTRO #FUM #PYC #SLN #RENE #ARB #DISH #NMC #MTRO #EUA #TLW #SXX #BMN #NMC #ALGW #RPT #I3E #PFP #GKP
dice1950
12/1/2020
15:19
https://twitter.com/laptop1515/status/1216332868873605120?s=19BEST SHARE POTENTIAL OF 2020 I'M THINKING
laptop15
12/1/2020
15:18
https://twitter.com/laptop1515/status/1216337365800833024?s=19
laptop15
11/1/2020
19:26
Fully agree. After all those director buys, you would expect a stream of good news to follow.....would they buy this price knowing any bad news is coming or would they have waited?
flawlesskicks
11/1/2020
19:13
It won't be long before it is back up there!
dave444
11/1/2020
19:12
This share should be double this price
dave444
10/1/2020
15:47
https://twitter.com/laptop1515/status/1215660582696882176?s=19Nice article from April 2019 when share price was much higher
laptop15
10/1/2020
15:36
Forward plan The Company has shut in the well and is now performing a pressure build-up survey. Completion equipment is being de-mobilised while Valeura collaborates with its partners to define the next steps for the play. Future work may include further long-term testing of the stimulated zone, additional tests shallower in the wellbore, and additional geotechnical study work, prior to defining additional drilling plans for the play. Valeura intends to communicate its forward work programme for both ongoing appraisal of its deep gas play and its producing shallow gas business in Q1 2020.
flawlesskicks
10/1/2020
15:33
Moving up on TSX! Next week will be a good one here imo! Lots of people will be talking over the weekend!
flawlesskicks
10/1/2020
12:31
Another buy at 10am reported as a sell...makes u laugh as they are obviously trying to get people to sell before they rise it soon
laptop15
10/1/2020
11:56
Pretty much all buys so far, a few more hidden ones yet to show too. Let's see what happens when Canadian market opens
laptop15
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