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Valeura Energy Inc. T.VLE

Alternate Symbol(s):  VLERF

Valeura Energy Inc. is an upstream oil and gas company engaged in the production, development, and exploration of petroleum and natural gas in the Gulf of Thailand and the Thrace Basin of Turkiye. The Company holds an operating working interest in four shallow water offshore licenses in the Gulf of Thailand, which include G10/48 (Wassana field), B5/27 (Jasmine and Ban Yen fields), G1/48 (Manora field) and G11/48 (Nong Yao field). It holds a 100% operating interest in license B5/27 containing the producing Jasmine and Ban Yen oil fields. It holds an operated 70% working interest in license G1/48 containing the Manora oil field, which produces approximately 2,935 barrels per day (bbls/d) of medium-weight sweet crude oil. The Company holds interests ranging from 63% through 100% in various leases and licenses in the Thrace basin. The Company also operates Floating Storage and Offloading (FSO) vessel Aurora, location at Nong Yao field, offshore Gulf of Thailand.


TSX:VLE - Post by User

Comment by DocPaton Dec 21, 2021 4:17pm
84 Views
Post# 34252159

RE:Time to Fire This Management Team

RE:Time to Fire This Management Team
I am pleased that they have given themselves a final two 2 quarters to perform .. If they do not find and close on that company making deal by then it is over. No jobs, no severence, no bonus or other compensation. This would apply for the Directors as well. This needs to be spelled out now by the Directors and a condition of continued emplyment. 

If this fails it will be a very sad legacy for all of the Founders and Directors past and present. It is one of the reason I do think they will pull a rabbit out off the hat .. all of their reputations are on the line. Let's hope I'm right.

Doc.
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