• The MT Jaka Tarub crude oil storage vessel for the Wassana field has sailed away and is now on its way to the Wassana field.
• The vessel is expected to arrive at Wassana in the next few days, to be followed by first oil shortly thereafter.
• Valeura is also acquiring the 12.5% minority interest in the Thailand SPV for 9.5 mm shares in Valeura representing 9.4% of the enlarged share capital.
• This is a very accretive transaction that increases production, cashflow and reserves in Thailand by ....
21 Mar 2023
Valeura Energy (LSE: VLU): Wassana FSO sales away. Accretive acquisition of minorities.
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Valeura Energy (LSE: VLU): Wassana FSO sales away. Accretive acquisition of minorities.
• The MT Jaka Tarub crude oil storage vessel for the Wassana field has sailed away and is now on its way to the Wassana field.
• The vessel is expected to arrive at Wassana in the next few days, to be followed by first oil shortly thereafter.
• Valeura is also acquiring the 12.5% minority interest in the Thailand SPV for 9.5 mm shares in Valeura representing 9.4% of the enlarged share capital.
• This is a very accretive transaction that increases production, cashflow and reserves in Thailand by ....