Valor Energy Corp (fka VLEN)

[edfei2000]

From New century report.......
BUSINESS STRATEGY FOR 2008 & 2009
As part of our corporate strategy, pending the outcome of our Chapter 11 Bankruptcy and funding permitting, we expect to remain focused in the following operational and project areas:

1. remain focused in the Texas Gulf Coast onshore region;

2. acquire properties and proven reserves where we believe additional value can be created through a combination of exploitation, development, exploration drilling and expanding marketing opportunities;

3. acquire properties that give us a majority working interest and operational control or where we believe we can ultimately obtain it;

4. maximize the value of our properties by increasing production and reserves while reducing operating costs;

5. maintain a highly experienced team of operations and exploration consultants using state of the art 3D seismic technology to prepare detailed field geological studies; and

6. develop drilling prospects and acquire acreage positions over new drilling areas, for future drilling by the Company or farmout to qualified industry partners. In connection with this strategy, new projects are being evaluated in Texas.