Valeura Energy Inc T.VLE

Alternate Symbol(s): VLERF

Energy Oil & Gas E&P

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

Valeura Energy Inc > Next step - Get ready to Fire Management.

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Comment by AndyPapon Nov 16, 2021 1:26pm

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Post# 34132683

RE:Next step - Get ready to Fire Management.

Valeura posted a video on Tweeter discussing the Q3 results.
In the video, Sean states that Shareholders should expect an update on their search for M&A in 3 to 6 months.
Last year the Annual meeting was held May 13.
From now till the 2021 Annual meeting Valeura Management has 6 months.
I strongly encourage you to be ready to vote on change of Management if they do not deliver in 3 to 6 months, as Sean committed.
Please take a few minutes to call your broker to make sure our shares are in your name and you can vote at the AGM.
If Management does not deliver as Sean committed, it would be reasonable to expect that they will be fired by the Shareholders.
Thank you.

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