Valeura Energy Inc. (TSX:VLE) is the topic of conversation when Stephane Foucaud Co-founder and Head of Research at Auctus Advisors chats with DirectorsTalk.
Stephane discusses the significant increase in Valeura’s share price, attributed to a lucrative acquisition in Thailand and excellent operational execution amidst rising oil prices. He details how Valeura has addressed market scepticism regarding asset quality, cash flow generation, and reserve life, highlighting recent discoveries that have significantly boosted reserves. The conversation also covers the company’s robust cash build-up and potential future developments, including possible acquisitions and the financial implications of these strategies for investors.