Valeura Energy Inc T.VLE

Near term soon due?

[Hannamuk]

In the nearer-term, Valeura intends to leverage its strong financial position toward growing by way of mergers and acquisitions (“M&A”). The collective international experience of the Company’s management and board defines a broad focus area, including jurisdictions with significant deal flow and expected relatively low competition for assets. Valeura is actively pursuing several M&A opportunities, targeting near-term production and cash flow, plus follow-on investment opportunities to enable mid-term growth.  The company remains in discussion on several opportunities and will disclose further details in due course as appropriate.  The company remains squarely focussed on only executing transactions that will generate material value for shareholders.

[nozzpack]

Absolutely, for at least one of the two asset drivers. Thats why the AGM has been delayed by a month. My expectation is that M n A will be executed within the next month. We then have plenty of time to execute the Deep Thrace JV. Dont know the timing of the latter.....in a mnage a trios ..it might be contemporaneous....but that would be a long shot. TPAO now have plenty of rigs, and comparative