Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on VALEURA ENERGY INC. We currently have 22 research reports from 1 professional analysts.
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Research reports on
VALEURA ENERGY INC
VALEURA ENERGY INC
GMP FirstEnergy ― UK Energy morning research package
14 Nov 16
Parex Resources (PXT CN)4; BUY, C$24.00: reports 3Q16 results and bullish 2017 outlook | Ithaca Energy (IAE LN/CN)6 ; BUY, £1.10: 3Q16 Results | Valeura Energy (VLE CN)1, 6; BUY, C$1.75: 3Q16 results overshadowed by the previously announced transactions that are expected to close by year-end 2016e | Condor Petroleum (CPI CN)8 ; BUY, C$3.75: Condor reports 3Q16 results and upcoming drilling catalysts | Jersey Oil & Gas (JOG LN)1 ; UNDER REVIEW: Exploration well in the UK confirmed | SDX Energy (SDX LN/CN) 1 ; Buy, £0.50: Well location identified at South Disouq in Egypt | Sterling Energy (SEY LN)(not covered): IMS
SIGNS DEFINITIVE FARM-OUT AGREEMENT WITH STATOIL
22 Aug 16
Market Impact: Positive. Valeura has signed a definitive farm-out agreement with Statoil for the deeper rights on the Banarli License. The signing of the agreement with significantly reduce the market's perception of deal risk and country risk.
Reports 2Q16 Results and Provides Positive Update Regarding Farm-Out Agreement with Statoil
12 Aug 16
Valeura confidently notes that the farm-out agreement with Statoil will be completed by the end of August 2016e. The two companies are advancing the necessary work to facilitate the spudding of the first deep exploration well on the Banarli License by year-end 2016e. Please refer to our report: Valeura Enters into Farm-Out Agreement with Statoil. We have reduced our near-term production outlook. Valeura will take a brief hiatus from shallow conventional drilling on the Banarli License, which will now resume after the farm-out agreement is signed and completed. At closing of the Banarli farm-out agreement, Statoil will pay Valeura US$6 mm. Valeura is currently evaluating strategic acquisition opportunities, as well as exploring options to restart operations on the JV lands (40% WI). There is also the potential that the deeper formations on the JV lands will be farmed out to an industry partner. It would be logical for Statoil to also farm-in on this adjacent acreage position.
PROVIDES OPERATIONAL UPDATE
18 Jul 16
Market Impact: Negative. While Valeura's operations in Turkey have not been directly impacted by the attempted coup, there will likely be short-term negative sentiment. Operationally, Valeura is currently reperforating the Yayli-1 well and sidetracking the Bati Gurgen-2 well.
30 Nov 16
Abzena (ABZA): Interim results indicate happy customers (BUY) | Horizonte Minerals* (HZM): Fund raise completed (CORP) | SacOil* (SAC): Half-year trading statement (CORP) | Revolution Bars (RBG): New openings (BUY) | Amino Technologies* (AMO): Multi operator FUSION roll out (CORP)
Small Cap Breakfast
29 Nov 16
Asia Pacific Investment Partner - the research-driven emerging and frontier markets real estate development business intends to float on AIM and conduct a placing in December RM Secured Direct Lending - The secured direct lending fund intends to float on the Main Market on 15 December raising up to £100m Diversified Oil & Gas— Schedule One now out. $60m to be raised. Expected admission 6 December. Creo Medical Group —UK based medical device company focused on surgical endoscopy, a recent development in minimally invasive surgery. Admission due 7 December. Fundraising details TBA.
24 Nov 16
Quixant* (QXT): Gaming gains (CORP) | SCISYS* (SSY): Bringing good news from Germany (CORP) | Hayward Tyler Group*: Contract wins (CORP) | Sound Energy (SOU): TE-7 flow rate and fund raise (BUY) | Water Intelligence* (WATR): Growth and improving returns in a defensive market (CORP) | Imaginatik* (IMTK): Interim trading update (CORP)
Small Cap Breakfast
28 Nov 16
Warpaint London—Schedule one update. Raising £2.5m at 97p. Expected mkt cap £62.6m vs revenues of £22.3m Walls & Futures REIT — Has raised £1m at £1 to acquire, refurbish or develop residential properties in the UK . Due to arrive on ISDX on 29 November Diversified Oil & Gas— Schedule One now out. $60m to be raised. Expected admission 6 December. Creo Medical Group —UK based medical device company focused on surgical endoscopy, a recent development in minimally invasive surgery. Admission due 7 December. Fundraising details TBA.