SINGAPORE, Nov. 27, 2024 (Korea Bizwire) – Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to announce the successful completion of an infill drilling campaign at the Jasmine field in Licence B5/27 (100% operated working interest), offshore Gulf of Thailand. Dr. Sean Guest, President and CEO commented: “I am very pleased with [...]
SINGAPORE, Nov. 13, 2024 (Korea Bizwire) – Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) reports its unaudited financial and operating results for the three and nine month periods ended September 30, 2024. Q3 2024 Highlights Nong Yao C field development online in August 2024, resulting in a 66% increase in greater Nong Yao [...]
SINGAPORE, Nov. 12, 2024 (Korea Bizwire) – Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to announce that it has received Toronto Stock Exchange (“TSX”) approval of the Company’s notice of intention to make a Normal Course Issuer Bid (“NCIB”). The NCIB will commence on November 14, 2024 and end on November 13, 2025, or [...]
SINGAPORE, Nov. 05, 2024 (Korea Bizwire) – Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to announce the completion of an internal restructuring of its Thailand subsidiary companies. Valeura’s working interests in all its Thai III fiscal contracts, covering the Nong Yao, Manora and Wassana fields, are now held by Valeura Energy [...]
SINGAPORE, Aug. 27, 2024 (Korea Bizwire) – Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to announce the successful ramp-up of oil production at its Nong Yao C development, in Licence G11/48 , offshore Gulf of Thailand. The greater Nong Yao complex is now operating at its full processing capacity, with stable [...]
SINGAPORE, Aug. 15, 2024 (Korea Bizwire) – Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to announce first oil production from its Nong Yao C development, in Licence G11/48 (90% operated working interest), offshore Gulf of Thailand. The first three of the seven Nong Yao C development wells were opened up for [...]
SINGAPORE, Aug. 08, 2024 (Korea Bizwire) – Valeura Energy Inc. (TSX: VLE, OTCQX: VLERF) (“Valeura” or the “Company”), reports its unaudited financial and operating results for the three and six month periods ended June 30, 2024. Q2 2024 Highlights Adjusted cashflow from operations of US$65.7 million(1); Oil production of 21.1 mbbls/d(2) and oil sales of 1.9 [...]
SINGAPORE, July 10, 2024 (Korea Bizwire) – Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to provide an update on Q2 2024 operations. Highlights for Q2 2024 Oil production averaged 21.1 mbbls/d(1); Drilling success across the portfolio, including exploration success at Nong Yao D, production wells at Nong Yao A, and the [...]
SINGAPORE, June 27, 2024 (Korea Bizwire) – Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) announces the suspension of production at its 100% owned Wassana field, offshore Gulf of Thailand. During a scheduled underwater inspection of the field’s production facility, the mobile offshore production unit Ingenium (the “MOPU”), a crack was identified within one of the [...]
SINGAPORE, June 12, 2024 (Korea Bizwire) – Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to announce the completion of its acquisition of the Floating Storage and Offloading (“FSO”) vessel Aurora, on location at its Nong Yao field, offshore Gulf of Thailand. The acquisition was the result of Valeura exercising its purchase option [...]