VUX - Vital Energy Inc.

Discussion in 'Canadian Stocks Message Boards' started by TheDude, Oct 7, 2021.

  1. TheDude

    TheDude Well-Known Member

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    Vital Energy appoints Standen as director

    2023-02-17 10:16 ET - News Release

    Mr. Yingchuan Wu reports

    VITAL ENERGY ANNOUNCES APPOINTMENT OF NEW DIRECTOR

    Effective Feb. 1, 2023, Jeffrey L. Standen has been appointed to Vital Energy Inc.'s board of directors. Mr. Standen is a former founder, officer and director of the Corporation. Mr. Standen brings over 45 years of related industry management expertise to the Corporation.

    Mr. Standen has also been the founder, officer and director of numerous private and public energy companies during his career, including Canadian Leader Energy Inc, Centurion Energy International, Extreme Energy Corporation, and Charger Energy Corporation. Mr. Standen is currently President, C.E.O. and a director of Home Run Oil & Gas Inc.

    Mr. Standen's primary role as a director of the Corporation will be to work with Management to develop more effective exploration and development projects, to better exploit the Corporation's existing projects and to evaluate the potential for investment into large joint venture projects with other industry companies.

    In addition, Mr. Standen will endeavor to expand the Corporation's business development abilities and to increase public market awareness of the Corporation and its current projects and potential future joint ventures into new projects.

    Vital Energy Inc. is a publicly traded junior oil and gas company ("VUX" TSXV) whose primary focus is light and medium crude oil production in Western Canada.

    Website: www.vitalenergyoil.com For further information please contact

    Yingchuan Wu, President

    Tel: (403) 988-8286

    Fax: (403) 699-9660
     
  2. TheDude

    TheDude Well-Known Member

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    Vital Energy files 2023 results, completes drilling

    2024-04-25 16:35 ET - News Release

    Mr. Yingchuan Wu reports

    VITAL ENERGY ANNOUNCES 2023 FILING OF FINANCIALS AND RESERVES EVALUATION AND RESULTS OF THE PEMBINA DRILLING PROGRAM

    Vital Energy Inc.'s 2023 annual financial statements, management's discussion and analysis and Forms 51-101 regarding statement of reserves data and other oil and gas information have been filed on SEDAR+ and are also available on the corporation's website.

    On Oct. 25, 2023, the corporation commenced drilling six horizontal wells in the Cardium reservoir at pad 1-29-50-10W5 in the Pembina area of Alberta. The drilling, completion and production systems are now complete and initial production has tested the wells above 100 bbl/d (barrels per day) of light oil and up to 300 bbl/d of light oil. The well production for the 50 days since the six wells came on production has averaged 503 bbl/d of light oil for the six wells or 84 bbl/d of light oil per well.

    At the close of business on April 24, 2024, Jeffrey Standen resigned as a director of the corporation.

    About Vital Energy Inc.

    Vital Energy is a publicly traded junior oil and gas company whose primary focus is light and medium crude oil production in Western Canada.

    We seek Safe Harbor.
     

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