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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 Apr 01, 2022 12:19pm
197 Views
Post# 34567588

EXPOSE TO THE PUBLIC INCOMPETENCE AND CORRUPTION AT VLE

EXPOSE TO THE PUBLIC INCOMPETENCE AND CORRUPTION AT VLE WITHOUT PREJUDICE

For two years in cash and unable to do a merger during a period of unprecedented volatility. That is incompetence.

Selling only corporate asset at deep discount to related parties. That is questionable.

Consultants on the Public Boards putting their finger on the scale. That is questionable at best.

Past the two years and no material results, and continuing to pay everyone involved in this company with above average compensation is corrupting the free market capitalist system this company works in. This is corruption.

We are funding this activity.

Our choice to raise the issue to the public and force Sean Guest and Tim Marchant out of our company or let them use our funds for generous compensation for everyone.

Valeura Shareholders Association
Courage is contagious


PS We accept the risk of investing in juniors. We don't accept continuing incompetence and corruption of the free market capitalist system.


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