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.

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Valeura Energy Inc > Shareholder Proposals for 2022 AGM

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Comment by monty613on Jan 17, 2022 3:20pm

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Post# 34325676

RE:RE:RE:Shareholder Proposals for 2022 AGM

bandit69 wrote:

Why should there be any options issued at all? for what? or salaries for that matter? Even when a company has a viable business, options are scraped off of shareholder's backs.

because that's what these small cap E&P companies do - fleece shareholders like you with bogus potential and overvalued reserves and then proceed to drain the company with salary and options for management and the BOD

how's their EBITDA?

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