• 1Q25 production averaged 23.9 mboe/d, which is in line with previous indications. This included a planned seven-day annual maintenance shutdown at the Nong Yao field near the end of the quarter. Production resumed on 1 April.
• Valeura has re-iterated its FY25 production guidance of 23-25.5 mbbl/d.
• FID for the Wassana redevelopment is still anticipated in 2Q25, with first oil expected in early-2027, though the company has indicated that it will "review and optimise its expenditures" given th ....
10 Apr 2025
Valeura Energy (TSX: VLE): Lower oil prices could generate acquisition opportunities
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Valeura Energy (TSX: VLE): Lower oil prices could generate acquisition opportunities
• 1Q25 production averaged 23.9 mboe/d, which is in line with previous indications. This included a planned seven-day annual maintenance shutdown at the Nong Yao field near the end of the quarter. Production resumed on 1 April.
• Valeura has re-iterated its FY25 production guidance of 23-25.5 mbbl/d.
• FID for the Wassana redevelopment is still anticipated in 2Q25, with first oil expected in early-2027, though the company has indicated that it will "review and optimise its expenditures" given th ....