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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

Post by AndyPapon Nov 15, 2021 12:53am
1207 Views
Post# 34125836

Next step - Get ready to Fire Management.

Next step - Get ready to Fire Management.Firing Management has been discussed and rational has been provided in numerous posts.
If there is a motion made at the AGM to take over control of the company with the view of examining strategic options, it will be important for the shareholders to be able to vote on the motion.
I strongly encourage you to talk to your broker to make sure the shares that you hold are in your name and can be voted on. A phone call to the broker is all it takes to be ready.
Management has plenty of time to make a good deal. If not, shareholders get ready for a potential change in management.
We have reasons to believe that the major shareholder is already on site for a Management change.
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