Value Microcaps Junior Energy

[KCAC]

Valeura Energy OTC PNWRF TSX VLE

Patience finally paid off on this one as it did little for years.

Stock is up over 1000% since mid-Oct due to first deep well initial test results by Partner Statoil. It appears they have found a large BCGA in gas starved Turkey who has almost no in-country gas production and pays about triple the price paid in North America. Their Gas imports increased 25% in Nov. The first resource assessment for the basin is due out early Feb.

Here is a good summary of current outlook. If you look on the right side, you see his archives. He is the only reason I stuck it out.

http://hydracapital.ca/hydra-blog.html