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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

Comment by Easydrawon Jan 31, 2022 2:46pm
156 Views
Post# 34380152

RE:Updates - Next steps forcing MGMNT TEAM out.

RE:Updates - Next steps forcing MGMNT TEAM out.Hats off for the effort AP.  It's a real grind trying to achieve what you've set out.  Tim's resonse was the typical "call IR, they will tell you want to hear". Robin is a complete tool who just provides cover for this incompetent management group.  Unfgortunately, this has become a story of self enrichment not one of adding shareholder value.  They are trying everything to keep this compnay going and/or to be surviving management in a deal for one reason....to keep paying themselves ridiculous compensation packages to do fcuk all.  It's turned into a Mexican donkey show. 
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