RE:RE:Snippet from Hydra Capital blog cyber37 wrote: “In my meeting, I learned that VLE has created a team wholly dedicated to re-imagining, re-tooling, re-thinking and/or re-using existing infrastructure on its fields and within the region to minimize development and abandonment costs.“ ….and one can assume that roots of that teams experience are from a mature Western Canadian fields which is relevant n our case. All good & moving forward.
G37
Egomaniac Empire Builders Amateur Hour.
There are thousands of qualified persons in the market expert at developing brown fields many have PhD and Masters available, who will manage everything from Vietnam for 0.20 on thee dollar to SG high rollin Singapore luxury team.
Mubadala, with unlimited intellectual, capital and technical resources abandoned it for token sum.
VLE is trying to create gold from air - typical Canadian mining scam.
Be aware the risks on VLE increased exponentially with their statements on bluesky re imagining in an 200 yr old industry with massive consulting fees likely flowing to opaque newco offshores belonging to mgmnt.
Eeveryone remembers how Thrace shallow gas production was sold for 0.10 on the dollar to a very recent 3rd party appraisal, to a newco offshore who couldnt even come up with the payment for many months....no one ever heard back from VLE on their operaating contract profits or bonus payments due based on brent pegged gas prices they spiked.