• 1Q26 production averaged 22,326 bbl/d, in line with prior indications.
• As expected, 2Q26 has started very strongly. Much of the 1Q26 inventory build was sold in the first week of April, resulting in monthly oil sales of 0.82 mmbbl at an average price of US$110.4/bbl and generating ~US$90 mm in revenue. This compares with US$92 mm for the entirety of 1Q26.
• FY26 production and opex guidance remain unchanged, although opex is trending above expectations due to higher diesel costs.
• As antici ....
14 May 2026
Valeura Energy (TSX: VLE): ~US$90 mm in revenue in April. Bussabong FID readiness targeted for 3Q26
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Valeura Energy (TSX: VLE): ~US$90 mm in revenue in April. Bussabong FID readiness targeted for 3Q26
• 1Q26 production averaged 22,326 bbl/d, in line with prior indications.
• As expected, 2Q26 has started very strongly. Much of the 1Q26 inventory build was sold in the first week of April, resulting in monthly oil sales of 0.82 mmbbl at an average price of US$110.4/bbl and generating ~US$90 mm in revenue. This compares with US$92 mm for the entirety of 1Q26.
• FY26 production and opex guidance remain unchanged, although opex is trending above expectations due to higher diesel costs.
• As antici ....