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Bullboard - Stock Discussion Forum 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... see more

TSX:VLE - Post Discussion

Valeura Energy Inc > 2021 salary
View:
Post by traderlong2 on Apr 04, 2022 2:53pm

2021 salary

They did not break down salaries in the filing this year ...HMMM

But here is 2021 totals
Salary and Benifits 2,447,000.00
other and Bonuses 2,669,000.00
share based compensation 300,000.00

Total salary expense for 2021 is 5,416,000.00
sic
Shareholders value shirks year over year
something very wrong with this picture

Burn is 450 k per month
Comment by energee on Apr 04, 2022 2:57pm
Your info is from the 2021 financial statements. Wait for the Info Circ (coming soon) to see who got what, including the bonus allocation for 2021. According to their 2021 Performance Criteria in the Bonus Plan, max bonus allocation for the group should be between 0-10%.
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