Lucero Energy Corp Awards Executives with Incentive Plan

PetroShale Inc (TSE:LOU) has released an update.

Lucero Energy Corp., a significant player in the North Dakota oil market, has announced the grant of over 1.8 million restricted awards and more than 5.1 million performance awards to its top executives and board members under its incentive plan. These awards, which are set to fully vest in September 2027, can be compensated through either cash or company shares at Lucero’s discretion. The move underscores Lucero’s commitment to its leadership team amidst efforts to manage its resources and sustain growth.

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