News & Videos - VALEURA ENERGY INC COM SHS NPV (DI)

Three Oil Discoveries in the Gulf of Thailand SINGAPORE, SINGAPORE / ACCESSWIRE / April 15, 2024 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Türkiye, is pleased to announce three oil discoveries on its assets in the offshore Gulf of Thailand. Sean Guest, President and CEO commented: "I am pleased to announce that our exploration drilling campaign has resulted in three new...

The following amendments have been made to the 'Q1 2024 Operations and Financial Update' announcement released on 10 April 2024. In the second and third paragraphs under 'Q1 2024 Update', Q1 2023 has been changed to Q1 2024. All other details remain unchanged. The full amended text is shown below. Q1 2024 Operations and Financial Update SINGAPORE, SINGAPORE / ACCESSWIRE / April 10, 2024 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company...

Q1 2024 Operations and Financial Update SINGAPORE, SINGAPORE / ACCESSWIRE / April 10, 2024 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Türkiye, is pleased to provide an update on Q1 2024 operations. Highlights for Q1 2024 Oil production averaged 21.9 mbbls/d, quarter exit rate of approximately 23.0 mbbls/d (1) ; Scheduled maintenance conducted safely and under planned time...

Record Results in 2023 from First Year of Thailand Operations SINGAPORE, SINGAPORE / ACCESSWIRE / March 26, 2024 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Türkiye, reports its financial and operating results for the three month period and year ended December 31, 2023. The complete reporting package for the Company, including the audited financial statements and...

Fourth Quarter 2023 Results Date SINGAPORE, SINGAPORE / ACCESSWIRE / March 8, 2024 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Türkiye, announces that it intends to report its financial and operating results for the three month period and year ended December 31, 2023 on Tuesday March 26, 2024. These will be the Company's first annual results audited by Deloitte & Touche...

Year-End 2023 Reserves and Resources, Strong Growth and Value Creation CALGARY, AB / ACCESSWIRE / February 20, 2024 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Türkiye, is pleased to announce the results of its third-party independent reserves and resources assessment for its Thailand assets. Highlights · Reserves increased across all fields - 29.9 MMbbl 1P, 37.9 MMbbl 2P...

Nong Yao Infrastructure and Wassana Drilling Update CALGARY, AB / ACCESSWIRE / February 13, 2024 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, is pleased to announce the mobilisation of a Mobile Offshore Production Unit ("MOPU"), destined for its Nong Yao field, and to provide an update on development drilling at the Wassana field, offshore Thailand. Highlights MOPU...

Operational Update and 2024 Guidance Outlook SINGAPORE, SINGAPORE / ACCESSWIRE / January 16, 2024 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, is pleased to provide an operational update and its guidance outlook for 2024. Highlights Q4 2023 average oil production of 19,165 bbls/d, resulting in a full year 2023 average of 20,420 bbls/d, net to Valeura's working...

SINGAPORE, SINGAPORE / ACCESSWIRE / January 2, 2024 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, is pleased to announce the appointment of Anna Green as an independent director effective January 1, 2024. Ms. Green is a lawyer by background and has over 25 years of experience through a career focused squarely on the Asia Pacific region, primarily within the banking...

Successful Completion of Nong Yao A Infill Drilling SINGAPORE, SINGAPORE / ACCESSWIRE / December 21, 2023 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, is pleased to announce the successful completion of an infill drilling campaign at its Nong Yao oil field (90% operated working interest), offshore Gulf of Thailand. The Company has drilled four wells at the Nong Yao A...

CALGARY, AB / ACCESSWIRE / December 11, 2023 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, is pleased to announce the re-start of oil production at the Wassana field, offshore Gulf of Thailand. Production resumed safely on December 8, 2023. In the coming days, Valeura intends to mobilise its contracted drilling rig to the field, and once in position, further wells...

SINGAPORE, SINGAPORE / ACCESSWIRE / November 13, 2023 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, reports its unaudited financial and operating results for the three and nine month periods ended September 30, 2023. Q3 2023 Highlights · Oil production of 19,961 bbls/d; · Average realised price of US$87.8/bbl; · Oil sales of 1.7 million bbls, generating revenue of...

SINGAPORE / ACCESSWIRE / November 9, 2023 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, acknowledges the reported shareholding by Thoresen Thai Agencies Public Company Limited ("TTA") of a 10.14% interest in its common shares. TTA has disclosed its acquisition of 10,309,900 shares in Valeura, amounting to a 10.14% interest in the Company and therefore becomes the...

Q3 2023 Operational Update CALGARY, AB / ACCESSWIRE / October 6, 2023 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, is pleased to provide an operational update for Q3 2023. The Company's net working interest oil production averaged 19,961 bbls/d during Q3 2023. Production performance from continuing operations on its Jasmine, Nong Yao, and Manora oil fields was...

CALGARY, AB / ACCESSWIRE / September 20, 2023 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, announces the departure from its board of directors ("Board") of independent director, Kimberley Wood, effective September 18, 2023. Ms. Wood has accepted a senior management role with another company and has indicated that her new responsibilities are expected to constitute a...

CALGARY, AB / ACCESSWIRE / September 18, 2023 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, is pleased to announce the results of two appraisal wells drilled at the Wassana oil field and to provide an update on plans for restart of production operations. Highlights · Two appraisal wells were successfully drilled on flanks of Wassana oil field targeting deeper...

Second Quarter 2023 Results CALGARY, AB / ACCESSWIRE / August 9, 2023 / Valeura Energy Inc. (TSX:VLE)(OTCQX:VLERF) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, reports its unaudited financial and operating results for the three and six month periods ended June 30, 2023. Q2 2023 Highlights · No lost time safety incidents: · Valeura's first full quarter of Gulf of Thailand production operations; · Oil...

COO Appointment, Changes to the Board and Replacement of Auditor CALGARY, AB / ACCESSWIRE / July 17, 2023 / Valeura Energy Inc. (TSX:VLE) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, announces appointment of a chief operating officer, changes to its board of directors ("Board") and replacement of its auditor. Chief Operating Officer Appointment Greg Kulawski is joining Valeura as Chief Operating Officer,...

CALGARY, AB / ACCESSWIRE / July 11, 2023 / Valeura Energy Inc. (TSX:VLE) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, is pleased to provide a trading update for Q2 2023. During Q2 2023 the Company's net working interest production from its four producing assets averaged 22,097 bbls/d of crude oil. Production increased 8% relative to Q1 2023. Valeura drilled eight wells, on its Jasmine, Nong Yao, and Manora oil...

Precautionary Suspension of Wassana Production CALGARY, AB / ACCESSWIRE / July 7, 2023 / Valeura Energy Inc. (TSX:VLE) ("Valeura" or the "Company"), the upstream oil and gas company with assets in the Gulf of Thailand and the Thrace Basin of Turkey, announces that it has temporarily suspended production operations at the Wassana oil field, offshore Gulf of Thailand. On July 6, 2023 the floating storage and offloading vessel ("FSO") stationed at the Wassana oil field deviated from its intended...