Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 firstworldon Mar 23, 2021 6:30pm
125 Views
Post# 32860703

RE:RE:RE:RE:Vote?

RE:RE:RE:RE:Vote?I get it. 

Liquidation of material corp assets at a discount to parties in a process with with zero transaparency or shareholder votes occured frequently in Russia 1990s. 

I guess thats Candians learned from Russians and Asians and is why Canada is deemed third world  - all foreign capital has fled to high integrity regions like LatAM and Africa LOL.  

This shady activity would get the entire board and any associated person arrested in the firstworld incl Russia and probably shot after a 3 hr trial in China LOL.

All it needs to be legit is a shareholder vote - not that difficult LOL, unless hiding something. 

DocPat wrote: IMHO I think AndyPap's take on it is bang on. They retain the big potential prize, maintain access to pipeline and have 40 - 50 million of cash to leaver up an acquition with much greater potential than the assets divested. 

Your and Shell's notion that somehow there should be a shareholders vote on the divestiture is just simply nonsense.

P






<< Previous
Bullboard Posts
Next >>