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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 > Sean its time
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Comment by stiffupperlipon Jan 17, 2022 2:55pm
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Post# 34325563

RE:Sean its time

RE:Sean its time Stiff doesn't get this - never seen this before. Shareholders gave their hard earned money for VLE to invest and all they do is use it for bloated compensation. How can this happen? Besides the story is so toxic right now who would be stupid enough to buy their stock now. Management have proven that they are a big big risk. They could have had any deal  they wanted when the industry was in the dooldrums but right now you would need to pay a fortune to buy anything. Question: where is the Board? They have a responsiblity to the shareholders and they too have failed. 
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